STATEMENT OF MANAGEMENT’S RESPONSIBILITY FOR ANNUAL INCOME TAX RETURN

STATEMENT OF MANAGEMENT’S RESPONSIBILITY
FOR ANNUAL INCOME TAX RETURN


I, RAFAEL E. SANDOVAL, is responsible for all information and representations contained in the Annual Income Tax Return for the year ended December 31, 2013. I am likewise responsible for all information and representations contained in the financial statements accompanying the Annual Income Tax Return covering the same reporting period. Furthermore, I am responsible for all information and representations contained in all the other tax returns filed for the reporting period.

In this regard I, RAFAEL E. SANDOVAL, affirm that the attached financial statements for the year ended December 31, 2013 and the accompanying Annual Income Tax Return are in accordance with the books and records, was complete and correct in all material respects. I am likewise affirms that:

(a) The Annual Income Tax Return has been prepared in accordance with the provisions of the National Internal Revenue Code, as amended and pertinent tax regulations and other issuances of the Department of Finance and the Bureau of Internal Revenue;

(b) Any disparity of figures in the submitted reports arising from the preparation of financial statements pursuant to financial accounting standards and the preparation of the income tax return pursuant to tax accounting rules has been reported as reconciling items and maintained in the company’s books and records in accordance with the requirements of Revenue Regulations No. 8-2007 and the other relevant issuances;

(c) That I RAFAEL E. SANDOVAL, has filed all applicable tax returns, reports and statements required to be filled under Philippine Tax Laws for the reporting period and all taxes and other impositions shown thereon to be due and payable have been paid for the reporting period, except those contested in good faith.



RAFAEL E. SANDOVAL

Individual Tax Payer
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