The Bureau of Internal Revenue on Thursday filed separate tax evasion cases worth P169.6 million in total against a Davao del Norte businessman and a Makati-based talent agent. According to the BIR, Ernesto Yap, owner of hardware store Deco Commercial in Panabo City, Davao del Norte, made purchases from cement firm Holcim in 2009 worth P82.45 million and in 2010 worth P86.04 million. The bureau determined that Yap's actual income in 2009 was P96.84 million, nearly 20 times the amount he declared as his gross income, P4.85 million. In 2010, he declared only P5. ...
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