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P200 million scam: Fake receipts net trading company, accountant, relatives in BIR dragnet

By Eileen Mencias

The Bureau of Internal Revenue has filed criminal complaints against the corporate officers of a trading company, along with the company’s accountant and her relatives, for using PHP 200.56 million worth of fake receipts in 2021.

According to the BIR, the accountant enlisted her relatives to establish fictitious businesses that issued fake receipts, which the trading company then declared as expenses to reduce its tax payments.

“The use of fraudulent receipts, whether they be fake or ghost receipts, constitutes tax evasion. This case is particularly deceitful because it was the company accountant who provided a way to obtain fake receipts,” BIR Commissioner Romeo Lumagui Jr. said.

The cases involve several violations, including attempts to evade taxes, provision of incorrect information, making false entries or using fictitious names in accounting books, improper printing of receipts or invoices, and willful aiding or abetting these actions.

“Hindi palalagpasin ng BIR ang mga negosyante na nakikipagsabwatan sa kanilang accountant upang iwasan ang pagbayad ng tamang buwis. Magsasama kayo sa kulungan,” Lumagui warned business owners.

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