The firm of certainly one of former President Benigno Aquino III’s prime marketing campaign donors is dealing with smuggling charges over its alleged failure to pay taxes for the development materials it imported to construct Iglesia ni Cristo’s colossal Philippine Arena.

Businessman Jose “Jerry” Acuzar’s New San Jose Builders is the topic of a smuggling criticism filed by the Bureau of Customs earlier than the Office of the Solicitor General on April 25.

Customs chief Nicanor Faeldon mentioned New San Jose Builders owe the federal government P1 billion in taxes over the imported development materials because it didn’t get hold of tax exemption from both the Department of Finance or Bureau of Internal Revenue.

New San Jose Builders invoked tax-free privileges beneath Republic Act 9593 or the Tourism Act of 2009 when it imported the development materials for the development of the Philippine Arena in Bulacan someday between 2012 and 2013.

Faeldon mentioned the development firm broke the legislation through the use of surety bonds to cowl their shipments after failing to get a certificates of exemption.

“When their bond expired and was to be forfeited, we wrote them five times but they did not answer us,” he mentioned.

The surety corporations used by New San Jose Builders, Centennial Guarantee Assurance Corp. (CGAC), Intra Strata Assurance Corp. (Isac) and Philippine Fire and Marine Insurance Corp. (PFMIC), have been included in the BOC’s criticism.

Acuzar is the owner of the previous mansion alongside Samar Avenue in Quezon City the place the namesake faction in the Aquino administration met often.

The different group which gained management throughout Aquino’s time period was the Balay, which was linked to defeated presidential candidate Mar Roxas.

Source: politics.com.ph