Taxman shutters Valenzuela warehouses for non-registration
by Allan Yves Briones
The failure of three businesses to properly register their warehouses with the Bureau of Internal Revenue (BIR) has brought about their temporary closure Wednesday.
Tasked to answer for their outstanding tax violations are Gett Enterprises, Polymountain Industrial Corporation and Yaflex Hardware based in Valenzuela City.
According to revenue officials, an investigation by Revenue District Office No. 24 revealed all three businesses to have been non-compliant with the requirements provided under Section 236 of the National Internal Revenue Code of 1997 or the tax code.
Under Section 236, every taxpayer is required to pay annual registration fees, and register each type of internal revenue tax, among others.
Following the results of the investigation, BIR Deputy Commissioner for Operations Arnel Guballa signed the closure order for the warehouses located at 8B J.P. Rizal St., Arty. Subdivision., 238 Mc-Arthur Highway and 8A J.P. Rizal St., Arty. Subdivision.
According to the Deputy Commissioner, the closures were part of the intensified BIR campaign to ensure tax laws and regulations are upheld, as well as the payment of the appropriate taxes.
The revenue bureau is empowered under Section 115 of the tax code to temporarily shut down the businesses operations of delinquent establishments, lifted only upon their compliance thereafter.
Also involved in the closure operation are Caloocan Revenue Regional Director Ma. Grace Javier and Valenzuela Revenue District Officer Rufo Ranario.