THE Bureau of Inside Income (BIR) on Thursday filed prison complaints in opposition to 4 “ghost” corporations mentioned to have induced the federal government to lose an estimated P25.5 billion in taxes.
Buildforce Buying and selling Inc., Crazykitchen Foodtrade Corp., Decarich Supertrade Inc. and Redington Corp. have been mentioned to have violated Sections 254, 255 and 267 of the Tax Code by promoting fraudulent receipts.
The case was filed earlier than the Division of Justice by BIR Commissioner Romeo Lumagui.
“We’re simply getting began,” the BIR chief mentioned in a press release.
“The monetary magnitude of this syndicate issuing fictitious receipts is alarming. They’re making the most of companies by way of convincing their shoppers to ghost our tax authority,” he added.
The submitting of the complaints adopted a December raid at a condominium unit in Quezon Metropolis the place 1000’s of receipts have been seized.
“I’ve set my marching orders to the BIR Authorized Group to file prison prices in opposition to the people behind these corporations,” Lamagui mentioned.
The BIR mentioned the 4 corporations have been “solely established for the only real function of promoting fictitious gross sales invoices and/or receipts to their consumers for the latter’s declare of false and anomalous purchases.”
Lumagui mentioned that whereas the receipts have been registered, the transactions have been illegitimate.
“There is no such thing as a actual transaction being achieved… these firms haven’t any reputable companies aside from promoting receipts for use by different enterprise house owners to avail of deductions,” he mentioned in Filipino.
This allegedly led to the federal government dropping deficiency earnings taxes amounting to P17.63 billion and deficiency value-added tax amounting to P7.91 billion, inclusive of surcharges and curiosity, over 2019 to 2021.
