BIR forms task force vs traders using fake receipts, invoices
By Jun Ramirez and Jun Ramirez
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui,Jr. is launching an all-out campaign against businesses using counterfeit receipts.
The BIR chief has formed a task force, called Run After Fake Transactions (RAFT), to investigate and crack down on merchants across the country who are using fake invoices and receipts.
"This tax evasion tactic has been costing the government billions of pesos each year, while also legitimizing the sale of untaxed or smuggled goods.," said Lumagui.
He said the BIR has an initial list of buyers of fake sales documents.
The information, according to him, was obtained during a raid last year on a condominium unit in Quezon City's Eastwood area, where a large number of these illegal documents were seized.
The names of the buyers were found printed on receipts and invoice booklets.
Criminal charges have already been filed against the printers and accountant involved in the scheme, which will be handled by the Department of Justice.
According to Lumagui, RAFT is a task force directly attached to his office, and its focus will be on investigating buyers, sellers, and accountants who assist traders in committing tax fraud.