THE Bureau of Internal Revenue (BIR) Revenue District Office (RDO) is reminding owners of businesses operating in Valenzuela City, to comply with the tax law.
The reminder was issued by BIR Revenue District Officer Rufo B. Ranario after an inventory stock-taking enforcement activity in the city last November 19.
According to Ranario, the inventory stock-taking is a surprise operation by the bureau to ensure companies and business establishments in a certain area are paying taxes, as well as identify violators.
During the inventory stock-taking activity, BIR staff checked the proper issuance of receipts and the declaration of products. They also checked the registration of the company.
Ranario said the BIR would not be lenient in enforcing tax laws and would put a padlock on a company’s doors if it’s found to having failed to comply with the law despite repeated reminders.
A week prior to the inventory stock-taking activity, the BIR-RDO 24 also inspected three companies. These included a food manufacturer operating in Karuhatan, Valenzuela, and a warehouse for chemicals in Barangay Ugong.
Ranario and Revenue Region 5 Regional Director Maria Gracia B. Javier earlier padlocked a warehouse for hardware materials, a warehouse for sugar and a warehouse for plastic.
Ranario said the BIR RDO’s enforcement activities should serve as a wake up call among businessmen, especially those under RDO 24, to ensure their registration papers are updated and that inventory of products and sales are in proper order.
Image credits: Rudy Esperas