The Bureau of Internal Revenue (BIR) filed criminal charges on Thursday against a local security-providing firm over P57.3 million in tracked deficiency in income taxes for years 2008 to 2010.
In a statement, the BIR said that Red Fox Security Inc., a domestic security company, only disclosed an aggregate of P13 million for their gross revenues from 2008 to 2010, in contrast to their total revenues of P60.5 million tracked through papers and documents between Red Fox and Air Materiel Wings Savings and Loan Association Inc. (AMWSLAI) and other transactions.
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