Monthly Archives: April 2015

PSE should not have allowed Calata IPO

Post Image

hen I first read in 2012 that a company called Calata Corp. was on the verge of making an IPO (initial public offering) of stock, I developed a feeling that there was something wrong somewhere. The feeling was reinforced by the media stories that pushed the line that Calata Corp. was the No. 1 company […]

Continue reading

BIR tags Calata owner for tax evasion

MANILA, Philippines – The Bureau of Internal Revenue (BIR) filed yesterday a tax evasion complaint against businessman Joseph Calata, owner of listed agribusiness firm Calata Corp. for allegedly failing to provide accurate information in his income tax return for 2011. Based on the criminal complaint lodged with the Department of Justice, Calata was assessed a […]

Continue reading

Calata CEO owes govt P144M in tax liability, says BIR

April 13, 2015 6:48pm Tags: kimhenares, calatacorp, taxevasion, taxevasioncase By TRISHA MACAS, GMA News The Bureau of Internal Revenue has sued the CEO of an agribusiness conglomerate in the Philippines for tax evasion. BIR chief Kim Henares revealed that Joseph Calata, chairman and CEO of Calata Corportation, has incurred a tax liability of P144.49 million […]

Continue reading