BIR padlocks Korean resto over underdeclared sales

BIR Revenue District Office 081 - Cebu City North

BIR Revenue District Office 081 - Cebu City North

The Department of Finance (DOF) expects to generate about P30 billion from the planned sale of two major…

The Philippines has lodged a diplomatic protest against the barrage of “racist” and “offensive” editorial cartoons of…

A 16-year-old Boy Scout from Cotabato helped save the life of a drowning man after performing cardiopulmonary…

NUEVA VIZCAYA — The Integrated Bar of the Philippines (IBP) Nueva Vizcaya Chapter has expressed concern over the cyber…

The Bureau of Corrections (BuCor) has released 1,156 persons deprived of liberty (PDLs) from 12 June to…
The Bureau of Internal Revenue (BIR) on Wednesday temporarily closed a local Korean restaurant following an investigation into significant tax violations. Authorities padlocked Kaya Barbeque, located in Barangay Kasambagan, after a BIR audit revealed the taxpayer, Tanola Jung, failed to accurately declare sales. BIR officials said the closure was a result of the taxpayer’s failure, refusal, or neglect to comply with internal revenue laws.
The enforcement operation was led by BIR regional director Douglas Rufino and Revenue District Office 081 Head Fidel Calvan. The action was carried out under the bureau’s “Oplan Kandado” program, a national initiative that empowers the BIR to administratively suspend or close business operations for various tax infractions, including the underdeclaration of taxable sales by 30 percent or more.
Under the National Internal Revenue Code, the BIR maintains administrative powers to shutter businesses that violate tax laws until the discrepancies are settled and proper penalties are paid.