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Showing posts with label VAT. Show all posts
Showing posts with label VAT. Show all posts

Friday, March 17, 2023

BIR files raps vs. ‘ghost firms’ selling fictitious receipts

REVENUE OFFICIALS on Thursday filed criminal charges before the Department of Justice (DOJ) against "ghost" corporations which fabricated fictitious receipts that were later sold to businesses and individual taxpayers which resulted to an estimated PHP25.5-billion revenue losses for the government in the past three years.


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