10 Biggest Accounting Scandals in Recent Years in The Philippines

Page 2 of 11

10.  Five Businessmen Tax Evasion

Amount: $3.3 million

Year: 2015

The Bureau of Internal Revenue (BIR) accused Lebite, Purdura, Sano, Core, and Stardent for avoiding paying taxes. The enterprises come from various economy areas, from sales of general merchandise to port terminal support services. Obviously, the owners had one thing in common.

10 Biggest Accounting Scandals in Recent Years in The Philippines

timurockart/Shutterstock.com

Page 2 of 11