Mindanao Times » Bureau of Internal Revenue http://mindanaotimes.net Tue, 25 Sep 2018 01:04:08 +0000 en-US hourly 1 https://wordpress.org/?v=3.9.25 BIR padlocks KTV bar http://mindanaotimes.net/bir-padlocks-ktv-bar/ http://mindanaotimes.net/bir-padlocks-ktv-bar/#comments Thu, 01 Feb 2018 15:07:38 +0000 http://mindanaotimes.net/?p=53843 ]]> The Bureau of Internal Revenue (BIR) yesterday padlocked Golden Dragon KTV and Restaurant for under declaration of sales.

BIR XI regional director Nuzar Balatero said the establishment failed to declare its full sales for first semester last year. He said their total sales in the period reached P15.6 million but they only declared P4.103 million in revenues.

“They have to pay P1.5 million worth of taxes to reopen the establishment,” Balatero said, as their value-added tax deficiency was P693,906.88.

The restaurant vowed to immediately pay its liabilities to the bureau.

Richie Sabrine, operations manager of Golden Dragon KTV and Restaurant, told the reporters that the payment for their tax dues was already prepared by their bookkeeper so they could reopen the establishment.

“Once we make the payment, we will reopen by 6 p.m. (of Friday),” Sabrine said.

Rodrigo Rivamonte, revenue district officer of BIR-East Davao, said the establishment also had violations on their point-of-sale machines. He said there should be a book beside the machines that would record their sales and an audit roll.

The establishment, Rivamonte said, chose to pay 110% of their basic tax so they could reopen it.

The Golden Dragon KTV and Restaurant started its operations in 2013. It has 15 VIP rooms with rates, inclusive of consumable food and drinks, ranging from P3,000 to P10,000 depending on the size of the rooms.

This was second establishment that was closed by BIR XI this year as part of the bureau’s Oplan Kandado program that temporarily padlocked businesses that failed to pay the right taxes. The first one that was closed this year was Café Demitasse, which was padlocked last Tuesday. (KMF)

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BIR closes resto café http://mindanaotimes.net/bir-closes-resto-cafe/ http://mindanaotimes.net/bir-closes-resto-cafe/#comments Tue, 30 Jan 2018 11:48:49 +0000 http://mindanaotimes.net/?p=53650 ]]> The Bureau of Internal Revenue (BIR) padlocked yesterday Café Demitasse, a homegrown coffee shop and restaurant in F. Torres Street, for its alleged failure to pay the right taxes.

BIR XI regional director lawyer Nuzar Balatero said the owners of Café Demitasse have to pay P2.3 million in taxes to reopen the restaurant. He said the total liabilities of the restaurant, including the penalties, amounted to P3.5 million.

The café was put under surveillance by the bureau since November last year.

Marco Fuentes, accountant and consultant of Café Demitasse, told reporters in an interview that the management of the restaurant will cooperate and fast track the payment of their tax deficiencies to BIR so it would be reopened within the week.

“We will abide to the procedures and we will open this as soon as possible,” Fuentes said.

The closure is part of BIR’s Oplan Kandado program, which targeted establishments that fail to pay the correct taxes.

“The closure order was implemented due to their under declaration, which is a violation to the tax law,” Balatero said. As of the first semester last year, he said the total sales of the restaurant reached P18 million, which means that they have to pay P3.5 million in taxes.

Rodrigo Rivamonte, revenue district officer of BIR 132- East Davao, said the restaurant only paid about P43,000 in taxes as of the first half last year as it thought that they were only subjected for the payment of percentage tax.

Rivamonte said the establishment was already considered as value-added tax (VAT) taxpayer as they earned beyond a million in the first two quarters. He said VAT taxpayers are those establishments that have exceeded P1,919,500 in annual gross sales.

He said Café Demitasse only paid the percentage tax, which was three percent of their gross receipts. The percentage tax payment is for small businesses with gross annual sales and receipts that do not exceed P1,919,500.

“We already issued notices to them and due process was established. Based on our discussions with them, they are willing to pay the tax deficiencies,” Rivamonte said.

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