Joel L. Tan-Torres is the emerging figure in a new kind of tax-tele-novela. This novela revolves around the “Official Receipts-(OR)-for-sale” scam. Such scam involves using phony ORs as instrument to skirt certain tax laws. In this case, the main characters – the masterminds and the perceived innocent culprits are being sought after by the Bureau of Internal Revenue (BIR).
Joel L. Tan-Torres is a financial investigator, who is helping the BIR in figuring out the intricacies behind this scam. In his pursuit, he had discovered that the alleged misdeeds done by four companies, namely Buildforce Trading Inc., Crazykitchen Foodtrade Corp., Decarich Supertrade, and Redington Corp. Whether these four companies are actual organizations or just figments of the masterminds in the scam remains to be seen – as Joel and his team continue to search for any evidence to indict these companies and the risk of their respective principles.
Buildforce Trading Inc., Crazykitchen Foodtrade Corp., and Decarich Supertrade Inc. are all registered companies with business information available online, such as addresses, telephone numbers, board members, financial data, etc. Redington Corp., however, appears to be a fictitious company, as no relevant information can be found on the internet. The BIR is currently conducting a due diligence in order to determine if Redington is real or fake.
In this tele-tax-novela, it is up to the BIR enforcement officers, including Joel and his team, to piece together the clues and find the truth and the perpetrators behind the “Official Receipts-for-sale” scam. There are also other characters being unveiled as the story progresses, such as the bit players and free riders. Meanwhile, Joel continues to act as the chronicler of this ever-changing novela as he writes down his findings in his Business Mirror articles.
Apart from Joel L. Tan-Torres’ main role as the financial investigator, he is also the financial advisory and tax consultant of his own firm, Joel L. Tan-Torres & Associates Inc. His team of professionals provides clients with the highest quality of tax solutions and accounting services while providing the utmost confidentiality and security. With the help of various tax sufficiency tools and knowledge honed from years of experience, his firm is fully committed in helping clients navigate the complexities of the Philippine Tax System.
