BIR Files P2.23 Billion Tax Evasion Case Against POGO Firm
The Bureau of Internal Revenue (BIR) has filed a tax evasion case with the Department of Justice against Hongsheng Gaming Technology Inc., an offshore gaming operator, for alleged tax deficiencies amounting to P2.23 billion. The company is accused of underdeclaring income and misreporting value-added tax (VAT) liabilities.
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- Hongsheng Offshore Gaming Firm Faces P2.228-B Tax Evasion Case in Philippines
The Bureau of Internal Revenue (BIR) in the Philippines has filed a complaint against Hongsheng Gaming Technology Inc., an offshore gaming firm, for alleged tax evasion amounting to over P2.228 billion in income tax, value-added tax (VAT), and final withholding taxes from 2021 to 2023. The company is accused of underdeclaring income and failing to report correct VAT.