INQUIRER.net: Luxury car importer probed

INQUIRER.net Philippine News for Filipinos

Luxury car importer probed Apr 13th 2013, 01:10 MANILA, Philippines—The exclusive distributor of Porsche, Audi, Lamborghini and Bentley is facing scrutiny from the Bureau of Customs (BOC) for allegedly shaving its duty payments to the government by as much as P1 billion over the last five years.   But PGA Cars Inc., owned by the family of billionaire Robert Coyiuto Jr., insisted that this was just part of the regular post-entry audit that should be undertaken by the BOC not only on PGA and other luxury car importers but also on other importers.   "They (PGA) are under audit now for importations—for correctness of declaration. The years under audit are from 2008 to the present," said BOC Commissioner R... Keep on reading: Luxury car importer probed Media files: ruffy-biazon.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions