THE Bureau of Internal Revenue (BIR) announced that it filed last Thursday criminal cases before the Department of Justice (DOJ) against corporate officers and accountants of a trading company. According to the BIR, the corporate officers and accountants of the company has engaged in transactions by using a total of…
THE total amount of ghost receipts issued has already reached P1.3 trillion, the Bureau of Internal Revenue (BIR) said, leading to more than P370 billion in revenue loss.
The National Bureau of Investigation is looking into 103 “dummy or ghost supplier corporations” allegedly used by esports executive Bernard “Bren” Chong’s wholesale business to defraud the government of at least P50 billion in taxes.
The head of the House Committte on Ways and Means wants tax racketeering to be a non-bailable offense, saying the government is losing as much as P100 billion to tax evaders.
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