The Lucio Tan tax evasion case
Lucio Tan escapes a Ps25.3 billion tax evasion case by the letter of the law. A step by step review of the case.
October 23, 2000
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A criminal case against a billionaire is a rarity in relation to the tens of thousands of cases filed each year with the Philippine courts. A criminal case arising out of tax evasion is another rarity where most tax assessment cases are settled by the internal revenue commissionerÆs power to compromise, or failing that, are instituted with the Court of Tax Appeals; not as criminal cases. |
