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THE Bureau of Internal Revenue (BIR) headed by Commissioner Romeo D. Lumagui Jr. has closed down 103 stores of a Chain of Shopping Centers due to its underreporting of sales.<\/p>\n
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Upon investigation, the Chain of Shopping Centers was found to be using unregistered Point of Sales (POS) machine, some of which with sales suppression devices while others were using a software different from that approved by the BIR.<\/p>\n
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\u201cThis nationwide closure of a chain of shopping centers is a reminder to all businessmen to register its POS machines and NOT to tamper with the machines,\u201d Lumagui said.<\/p>\n
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\u201cThis is a scheme for sales suppression. I have ordered the BIR to investigate all businesses that engage in this kind of tax fraud because it involves under-declaration of sales. We will not hesitate to close down all your stores in the country,\u201d the BIR commissioner warned.<\/p>\n
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In a test-buy operation, the BIR<\/a> chanced upon machines that were only reporting about 25% of its sales, thereby drastically reducing its taxable sales.<\/p>\n <\/p>\n <\/p>\n The Chain of Shopping Centers was found to be violating<\/a> Section 115 of the National Internal Revenue Code and Revenue Memorandum Circular No. 3-2009.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" THE Bureau of Internal Revenue (BIR) headed by Commissioner Romeo D. Lumagui Jr. has closed down 103 stores of a Chain of Shopping Centers due<\/p>\n","protected":false},"author":1,"featured_media":2108,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"featured_image_urls":{"full":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"thumbnail":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1-150x150.webp",150,150,true],"medium":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1-300x205.webp",300,205,true],"medium_large":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"large":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"1536x1536":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"2048x2048":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"kreeti-slider-full":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"kreeti-featured":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"kreeti-medium":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1.webp",600,410,false],"kreeti-medium-square":["https:\/\/www.journaldailynewsonline.com.ph\/wp-content\/uploads\/2023\/12\/birlogo1-350x350.webp",350,350,true]},"author_info":{"info":["admin"]},"category_info":"National<\/a>","tag_info":"National","comment_count":"0","_links":{"self":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/2107"}],"collection":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=2107"}],"version-history":[{"count":0,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/2107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/2108"}],"wp:attachment":[{"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=2107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=2107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=2107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}