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Wednesday, January 25, 2012

Sign Language, Authenticity, Logic and Audited Income Tax Returns

Dear insansapinas,


I LUV this topic of Day 6. I am claustrophobic and I will have the first of my two MRIs today so I was psyching myself to be calm when I clicked the video of the Day 6 trial. Kung malapit ako sa MRI machine, pumasok na ako sa inis at katatawa.


Sign Language
My brother studied American Sign Language but I dare him challenge the sign language interpreter when Miriam Defensor Santiago was outraged by the prosecutor's argument about the  purpose of presenting the BIR Examiner as witness. Napagod nang husto yong kawawang mama. Mabilis nang magsalita, halo pa ang language na ginamit at mataas pa ang blood pressure ng feisty na senadora.


Authenticity
I agree with Senator Santiago, the authenticity refers to the documents alone as to their genuineness filed and received by the BIR. Henares can not testify however the veracity of what is contained in the docs. KAYA NGA MAY AUDIT eh. And the BIR Commissioner  does not do the auditing. And during my stint with an accounting/auditing firm, I never met the Bureau Chief. *heh* 


Parang marriage certificate yan na kinukuha sa NSO na may certificate ng authenticity pero kung kasal pa sa iba ang nasa certificate,  kailangan pa ng imbestigasyon.


Once, the ITRs are submitted, they're stamped as to the date received and the branch where they're  filed. 


School of Logic
Iba naman ang meaning ng authenticity ng private prosecutor, 
Ginagawa niyang judge si Commissioner Henares so the purposes of the authenticity are :
1. to show acquired properties showed in SALN not justified by the ITR


I agree with Santiago, may imbestigasyon ba before this or haka-haka lang? Pupunta tayo diyan sa imbestigasyon na yan.


2. showed that he failed to report some properties.


Si Commissioner Henares ba ang expert dito? May inutusan ba siya na imbestigahan ang ITR ni Corona?


Di ba kailan lang noong nakuha ang SALN ni Corona? Pabalik nga ang ginawa. Sa amin sa Accounting, Constructive Accounting yan.


Audited Income Tax Returns


Noong bago pa lang ako sa accounting/auditing firm, shinock ako ng examiner na kakainin niya ang libro pag wala siyang nakitang mali sa ITR based on the supprting documents of the income and expenses.


Para sa expenses, hihimayin nila ang mga clinaim na deductions. Meron bang mga receipts. Ano bang date yan ginastos, with the fiscal period.



Para sa income, may mga supporting documents para ipakita ang tinanggap ng income taxpayer as his revenue. 


Hindi ibig sabihin pag may mali ang ITR, guilty na ang taxpayer. Kagaya ng mga expenses, pwedeng bawasin ang deductions na hindi allowed. Kaya tataas ang income tax na babayaran.


Hindi ko nakita ang ITR ni Corona pero wala sa logic na dahil maliit ang income niya wala siyang capacity para bumili ng property NOT UNTIl ipakita ng prosecutor kung magkano ang ill-gotten weath, saan nanggaling ang ill gotten wealth. 


I could kiss Santiago nang sabihin niya na pauwiin na ang babaeng ito. Hindi siya judge para sabihing mali ang ITR at SALN. 
( So the Alpha list is accepted in lieu of ITR but copies of which were not submitted to the BIR). 


This contains the gross income of the employee and the withholding income taxes but why did I read that the Commissioner can determine the real value of the properties?


I agree with Enrile. There was no investigation why Cristina Corona was able to buy the property. Assumption does not reflect the truth,
Pinaysaamerika

2 comments:

stuart-santiago said...

ang nahagip kong tsismis sa twitter: matindi ang pressure on corona to resign, spare his family chuchu, and just in case that doesn't work, there is also pressure on enrile to resign as senate prez. i suppose si drilon ang gusto nilang ipalit, para tiyak ang conviction. hmm dapat yata ang kampanya natin eh: we want to hear the defense. dont you dare resign, corona. don't you dare resign, enrile. hayyyyyyy

cathy said...

hi angela,
huwag nga dapat magresign si enrile at si corona.