MANILA--The Bureau of Internal Revenue (BIR on Wednesday temporarily closed the business operations of different warehouses in Valenzuela City for tax law violations.
Through its Deputy Commissioner, Operations Group; Revenue Regional Office No. 5 – Caloocan City and Revenue District Office No. 24 – Valenzuela City, the BIR padlocked the warehouses of the Gett Enterprises, Polymountain Industrial Corporation, and Yaflex Hardware Inc. located at 8B J.P. Rizal St., Arty. Subd., 238 Mc-Arthur Highway and 8A J.P. Rizal St., Arty. Subd.,Karuhatan, Valenzuela City, respectively.
Tax Compliance Verification Drive (Tax mapping) activities were done by the Revenue District Office No. 24 – Valenzuela City on Oct. 15, 2019, to inspect compliance of business establishments with registration, invoicing, bookkeeping and other rules and regulations of the BIR.
The results of the investigation showed that the warehouses of the three establishments were not compliant with the registration requirements prescribed in the Tax Code.
Section 115(b) of the 1997 National Internal Revenue Code of the Philippines, as implemented through the Revenue Memorandum Order (RMO) Mo. 03-2009, authorizes the BIR to suspend or close the business operations of a taxpayer for a period of not less than five days for failure to register; issue VAT (value-added tax) official receipts or sales invoices; file correct VAT returns; or pay the correct taxes.
The closure order was signed by the Deputy Commissioner, Operations Group Arnel SD. Guballa after the establishments failed to comply with the registration requirements specified in Section 236 of the 1997 National Internal Revenue Code of the Philippines, as amended.
The said operation was headed by Guballa together with the representatives from the Department of Finance; regional director Ma. Gracia B. Javier; assistant regional director V C. Cadangen; regional division chiefs; revenue district officer Rufo B. Ranario and other revenue officers, pursuant to the Oplan Kandado Program of the BIR.
This activity manifests the government’s sincerity to enforce tax laws and regulations to ensure compliance with the same and that everyone is paying correct taxes that will maintain public trust and confidence and in the process, increase government’s revenue collections. (PR)
