
BIR seizes P544M in fake tax stamps in Bacolod raid
BIR Regional Director Antonio Jaminola holds up some of the seized cigarettes.*The Bureau of Internal Revenue and the National Bureau of Investigation seized P544 million in fake tax stamps and materials for the manufacture of fake cigarettes at a warehouse in Barangay Tangub, Bacolod City, Tuesday, May 4, BIR Regional Director Antonio Jaminola said.The BIR was acting on a tip that fake cigarettes were being manufactured at the facility, but when they broke into the area no one was present, he said.They discovered the fake BIR stamps, fake cigarettes including raw materials for their manufacture.Jaminola said those responsible for the manufacture of the fake stamps are liable for tax evasion.It is a violation of Section 265 of the National Internal Revenue Code, he sai...









