Tue. Oct 22nd, 2019

BIR to look into tax payments of Korean, Chinese stores

The Bureau of Internal Revenue (BIR) has raised concerns whether the Korean and Chinese establishments that have rapidly sprouted around the city in the last few months have proper permits and are paying taxes.

Provincial revenue district officer (RDO) Lorenzo delos Santos said on Monday they will ask local government officials to submit to their bureau a list of all new and existing businesses to determine how they are paying their taxes and if the information on the business documents they submitted match in all concerned agencies such as the Department of Trade and Industry (DTI).

He said they cannot record the names of Korean and Chinese stores because many of them are written in foreign characters.

“Iyon ba ang inaprubahan ng DTI? So, may violation na ‘yon kapag hindi match ang mga information. Kaya lang nahihirapan kami dahil hindi mabasa ang mga business names na ‘yon. ‘Yong mga pangalan na halos di mo mabasa, kasi Korean or Chinese, paano natin mababasehan, anong pangalan noon? Marami ng ganyan ngayon, dapat di pinapayagan ‘yan,” Delos Santos said.

The bureau will also ask the DTI for the list of registered businesses to check if they are owned or funded by foreigners in partnership with local residents and if the foreign-named establishments match those registered with the LGUs, he said.

He said providing them the list is part of a previous memorandum of agreement (MOA) signed with the local government units (LGUs) by the BIR.

“Dapat sana tulungan kami with the request na gagawin namin kasi pag-upo ng mga bago, hihingiin ko talaga ‘yan. Yong listing ng mga registered tax payers within their jurisdictions tapos hand-in-hand, iva-validate namin ‘yan kung talagang dumaan sila sa DTI,” he said.

Delos Santos said the information will also help them identify discrepancies “on the statement of gross income” submitted to the LGUs and the BIR by the business owners.

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