cdn mobile

BIR shuts down Korean resto bar

By: Vanessa Claire Lucero September 21,2015 - 06:29 PM

The Bureau of Internal Revenue (BIR) in Region 7 issued a closure order to a restaurant located in Lower Nivel Hills in Lahug, Monday morning.

BIR found out that Blu Tops, a Korean resto bar, had been under declaring their tax revenue for several years.

BIR assistant regional director Manuel Mapoy said that they had observed the establishment for 15 days. He said at least 30% of the gross tax revenue was under declared in 2013, 2014 and the first quarter of 2015.

While the accumulated tax liabilities, amounting to 5.8 million pesos, has not been paid, the restaurant will remain temporarily closed.

“It’s the first (closure order) for this year. It is not that easy to close establishments. We observe all legal procedure and legal rights. It took us almost a year to close another establishment,” Mapoy said.

Although the actual owners of the restaurant, both Korean nationals, were not present during the issuance of the order, the company’s president Marlita Robledo was there to acknowledge that they received the order.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: BIR, business
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.