The Bureau of Internal Revenue has been asked by Bacolod Mayor Monico Puentevella to wait after the MassKara Festival before closing any delinquent business entity in Bacolod City.
The Bacolod Diamond Palace at Hilado Street in Brgy. Villamonte was padlocked Wednesday by the BIR for alleged under-declaration of its taxable sales by more than 30 percent.
Its closure was pursuant to section 115 of the Tax Code of 1997 and as part of the Oplan Kandado of the BIR, Jose Ric Cabrera, chief of the BIR Regional Office 12 Legal Division in Bacolod City, said.
Cabrera said the restaurant was under surveillance for 15 days and was given five days Value Added Tax compliance notice, before a report was submitted to the BIR national office for closure order.
But Puentevella said “We need our restaurants during the MassKara Festival. This is going to affect our campaign for investors,” he said during a public hearing yesterday on the proposed ordinance updating the schedule of the market value of real properties in Bacolod City.
He said he hopes the BIR will inform him before closing any business entity and he will write to Commissioner Kim Henares to inform her of the incident.
Revenue Officer Nelsie Arcolas said everything that transpired at the public hearing including the request of the mayor will be properly relayed to their national office, but as to whether it will be granted or not will depend on their director.
She said the BIR is a national government and has separate functions from local government units.
During the hearing conducted by the Committee on Laws and the Committee on Finance, the businessmen were consulted on the proposal of the city to update the market value of real property taxes in Bacolod City.
Although they agreed to the proposal, they requested that it should only be implemented after further study made by a technical working group.
Councilor Claudio Puentevella, chairman of the Sanggniang Panlungsod Committee on Finance and Appropriation, said that according to the City Assessor’s Office, the proposal to update the market value of real property taxes is long overdue and should be updated every three years.*CGS
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