Isko owns a residential condominium unit in Manila Prime Towers Condominium (MPTC), which he later on sold to Bato. Apparently, Isko did not report such sale; did not pay the capital gains tax due; and did not declare the proceeds of sale as part of his income when he filed his tax returns. On a routine examination, the Bureau of Internal Revenue (BIR) happens to check on Isko’s tax returns. Knowing that Isko had a unit in MPTC, BIR asked management of information about it and its ownership status, which MPT complied. BIR learned that Isko did not register his sale of his unit and pay the taxes due, hence, he was assessed with deficiency taxes. Isko now questions the act of MPTC in providing his information and data to the BIR. He claims that he was not inform by the MPTC and did not authorize the giving of such information. He said that MTC violated his rights under the Data Privacy Act. Is Isko correct? Why or why not. Support your answer with the provision/s of the law.
Isko owns a residential condominium unit in Manila Prime Towers Condominium (MPTC), which he later on sold to Bato. Apparently, Isko did not report such sale; did not pay the
On a routine examination, the Bureau of Internal Revenue (BIR) happens to check on Isko’s tax returns. Knowing that Isko had a unit in MPTC, BIR asked management of information about it and its ownership status, which MPT complied. BIR learned that Isko did not register his sale of his unit and pay the taxes due, hence, he was assessed with deficiency taxes.
Isko now questions the act of MPTC in providing his information and data to the BIR. He claims that he was not inform by the MPTC and did not authorize the giving of such information. He said that MTC violated his rights under the Data Privacy Act. Is Isko correct? Why or why not. Support your answer with the provision/s of the law.
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