| Sen. Miriam Defensor Santiago and BIR Commissioner Kim Jacinto-Henares share a light moment during the sixth day of the impeachment trial of Chief Justice Renato Corona on Wednesday. POOL PHOTO |
BUREAU of Internal Revenue (BIR) Commissioner Kim Jacinto-Henares disclosed on Wednesday that her office had no records of Chief Justice Renato Corona’s income tax returns (ITR) from 2002 to 2010.
She said, however, that there was nothing irregular about the chief magistrate’s failure to file his ITR.
Henares told the Senate impeachment court that the Chief Justice did not need to file his ITR because he was on the “alpha list” of the Supreme Court.
The list contains the names of employees and how much tax was withheld from their income.
Henares explained that section 51 of the Internal Revenue Code allows a person whose sole income is subject to withholding tax not to submit an ITR.
However, she said that her bureau only had records of Corona’s income and withholding tax from 2006 to 2010.
Based on the records, Corona in 2006 had a gross income of P465,000 and withholding tax of P109,706. In 2007, his income was P488,156 and tax withheld was P117,399. In 2008, his income was P604,388, and withholding tax was P154,057; 2009, P621,528 and tax withheld was P155,556; 2010, P657,755 and withholding tax, P176,577.
Henares said that the High Court failed to submit alpha lists from 2002 to 2005.
However, in his statement of assets, liabilities and net worth, Corona declared a net worth of P9.5 million in 2006, P11 million in 2007, P12 million in 2008, P12 million in 2009, and P22.9 million in 2010.
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