Breaking News, Indepht Analysis
CITY OF SAN FERNANDO — The Bureau of Internal Revenue (BIR), through its Revenue Region 4, said that it will conduct spot checking of hotels and motels, restaurants, coffee shops, flower shops and all establishments selling gifts and memorabilia items to celebrate this season of love.
The BIR said that the month of February is said to be the “love month,” which means an unusual number of customers would flock to the said establishments in line with the season.
“Revenue Officers of the different district offices of Revenue Region No. 4- Pampanga will conduct spot checking if the owners and proprietors of these establishments are regularly issuing the corresponding receipt/invoice for every sale of goods and service rendered,” BIR Regional Director Aracelli Francisco said.
Should there be any violation committed, the BIR will conduct surveillance operations on your business activities for at least ten consecutive days, pursuant to Section 6 of the National Internal Revenue Code, as amended.
And based on the results of surveillance, if there is an under declaration of sales by more than thirty percent, the violator should be considered a candidate for Oplan Kandado and RATE Programs.
The BIR Oplan Kandado is an intensive campaign that seeks to padlock businesses with unpaid tax dues, as well as those who are engaged in illegal practices, such as failure to register, understatement of taxable sales.
“As good citizens of this nation, since we all love our country, it is a must that we always as for receipts,” the BIR said