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THE Bureau of Internal Revenue (BIR) filed on Thursday 14 criminal cases against corporate officers and accountants of “ghost” corporations for selling “ghost” receipts. A statement issued by the BIR said criminal charges were filed against five corporate officers and accountants of Decarich Supertrade Inc. and Redington Corp. before the…
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.
Four “ghost” corporations selling fabricated invoices and receipts were sued yesterday for violating the National Internal Revenue Code of 1997, resulting in the government’s loss of P25.5 billion in taxes, the Bureau of Internal Revenue said.