Bacolod property owner cleared in tax evasion raps
Manila: The Court of Tax Appeals (CTA) has acquitted the owner of two properties in Bacolod City which yielded unregistered cigarettes and cigarette manufacturing equipment during 2017 raid. The tax court decision dated Sept. 23 cleared Alman Gayatin, the registered owner of Alter Trade and Villa Socorro in Bacolod, which was leased by Chinese individuals led by a certain Jimmy Chua to put out cigarettes illegally. Among the items seized from the premises were a cigarette maker machine, 783 cases each containing 50 reams of 10 packs of cigarette, 26 cases of loose cigarette finished products, and 2.5 million pieces