Officials of the Department of Finance and Bureau of Internal Revenue inspect several warehouses in Guiguinto, Bulacan operated by companies allegedly evading tax payment. Photo by Carmela Reyes-Estrope
GUIGUINTO, Bulacan –– Authorities on Thursday raided a compound here where several stalls and warehouses were reportedly being operated illegally by at least five companies that have not been paying taxes.
The raiding team led by officials of the Department of Finance and Bureau of Internal Revenue (BIR) inspected the T-12 Warehouse here and discovered sacks of imported Vietnam and Myanmar rice, milk and liquid detergent products estimated to be worth P1 billion.
BIR Deputy Commissioner Arnel Guballa said at least 11 units inside the warehouse compound were operating illegally.
Guballa said UPFC Logistics Corp., which operates a rice warehouse, has not been paying registration tax.
The raiding team has yet to name the other firms that are renting warehouses in the compound and are allegedly evading tax payment.
Finance Assistant Secretary Tony Lambino said they were still verifying if the goods are smuggled. /lzb