The BIR have unfairly filed a complaint of tax evasion against respected businessman, Shank Kaye. Mr. Kaye, an Australian citizen, prides himself on being a good taxpayer and was flabbergasted to hear of the complaint filed to the DOJ. In fact, the first he heard of the case was when it was published in the Philippines press. He had not received any correspondence nor been contacted by the BIR regarding the issue.
Shank Kaye Manila is happy to comply with the BIR to prove his innocence. If we study the complaint closer, we will find the complaint includes allegations of forged documents and unpaid taxes relating to the transaction. It is also highly unlikely that a foreigner could possibly forge documents for such a transaction."
Ultimately he was a victim of foul play and the truth will surface in time. He believed he had paid all taxes due as advised at the time of the transaction.
Since the news was published his reputation has suffered and he is doing all he possibly can to restore his name in the Manila business community.
Shank Kaye Manila is happy to comply with the BIR to prove his innocence. If we study the complaint closer, we will find the complaint includes allegations of forged documents and unpaid taxes relating to the transaction. It is also highly unlikely that a foreigner could possibly forge documents for such a transaction."
Ultimately he was a victim of foul play and the truth will surface in time. He believed he had paid all taxes due as advised at the time of the transaction.
Since the news was published his reputation has suffered and he is doing all he possibly can to restore his name in the Manila business community.
