7 months BIR padlocks business establishment disguised as store MB
By Jun Ramirez LEGASPI CITY – The Bureau of Internal Revenue (BIR) has padlocked a large general merchandising establishment which has passed itself off as a small store in Ocampo, Camarines Sur. (MANILA BULLETIN) Bicol Revenue Regional Director Gerry Dumayas closed the retail outlet after its owner, a certain Efren De Luna, allegedly refused to settle the multi-million-peso deficiency tax assessment made against the business establishment. Records showed the business declared total sales of P2.4 million for the whole of 2017 up to June 2018. Overt surveillance operation conducted by taxmen indicated total earnings of P59.4 million for the same ... more