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Raids uncover P8.5B in tax liabilities

A CONTINUED Bureau of Internal Revenue (BIR) crackdown against illicit cigarette manufacturers has uncovered an estimated P8.54 billion in tax liabilities, the agency said on Thursday

Raids conducted at a factory in Bulacan and three warehouses in Valenzuela City last week were the biggest so far this year, BIR chief Romeo Lumagui Jr. said.