Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said Friday the agency confiscated ethyl alcohol products with an estimate unpaid excise taxes above P700 million from two Quezon City establishments.
The BIR raided two warehouses in the morning of July 19, 2024 in Balintawak, Quezon City.
“The P700 million lost in public funds due to the smuggling or non-payment of excise taxes for 390,000 liters of ethyl alcohol, could have been used by the government for its social welfare or infrastructure programs,” Lumagui said.
“Tax evaders and smugglers rob the Filipino people of a better future. The BIR commits to stopping these criminals. Expect criminal cases to be filed” he said.
A tipster and covert surveillance of movement of company vehicles led the BIR to the location of the warehouses and its contents.
The BIR said it welcomes all informants who could help provide targets for the different enforcement teams of the agency, including that of excisable articles.
