BY JUN RAMIREZ
The Bureau of Internal Revenue (BIR) padlocked 178 commercial establishments nationwide for the first nine months of the year for tax offenses.
In a report to the Department of Finance, the BIR said most of the erring businesses were allowed to resume operations after settling their tax liabilities amounting to P548 million.
Revenue Deputy Commissioner for Operations Arnel Guballa said other business operators who refused to settle their tax debts were charged in court for tax evasion.
The closure was carried out under the bureau’s Oplan Kandado Program.
The violations were mostly for non-registration and massive underdeclaration of sales The Tax Code authorizes the BIR to close a business for under declaring sales by 30 percent and more. (Jun Ramirez)