Wednesday, June 26, 2024

Even the govt, the revenue offices are not immune to scams

 This is an example of how foreigners, immigrants can outwit the legitimate host country and defraud the govt of millions.  This is an anecdote about Iris Tech run by Samer Bishay was able to defraud CRA in the amount of $63Milion in an elaborate carousel scheme to be able to collect tax refund.

Our BIR should be congratulated for being able to control VAT refund being claimed by foreign firms

Carousel Scam - Iris Tech

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