Salceda files House bill to define, criminalize tax racketeering

In addition to this, the offense would also be non-bailable, and those convicted can be sentenced to 17 to 20 years in prison.

“The stiffer penalties aim to be a deterrent to the commission of such crimes, as well as a tool for tax authorities to be able to prosecute such offenses in a manner distinct from usual tax evasion,” said Salceda.Salceda cited data from the BIR, saying that the bureau has filed charges for evasion of taxes worth P25.5 billion against corporations using fake receipts.

“These corporations do not have any legitimate business activity, and were set only to sell fictitious sales invoices or receipts to their buyers for the latter’s claim of false and anomalous purchases. These receipts or invoices are called ‘ghost receipts’,” said the lawmaker. The representative acknowledged that the crime is already punishable under the Tax Code, however he emphasized that it does not define systematic and coordinated tax evasion.

“Schemes such as these should be distinguished from the usual attempt to evade taxes precisely because they constitute a systematic attempt to dismantle the credibility of the entire tax system, and could not be committed without networks of accomplices across the business sector and among tax authorities,” Salceda said.

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