Makati LGU shuts down tech company headquarters for operating without business permit

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The Makati City local government issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.

According to the order of desistance or closure dated Feb. 23, 2023, the headquarters, located at 6799 Ayala Avenue in Barangay San Lorenzo, Makati City, violated Section 4A.01 of the Revised Makati Revenue Code or City Ordinance No. 2004-A-025.

In 2016, the Office of the City Treasurer launched an examination on the company’s tax payments and documents. The telecommunications company said that the Makati City government has “no jurisdiction to audit the company’s financial statements and operations in other branches nationwide. It insisted that the company has “submitted all records related to its operations within the city and paid the necessary taxes.”

 

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Pew d

Dito na kayo sa Las Piñas haha 😁😁😁

Ilipat ng city ang HQ after compliance to law of course.

Dapat lang kc wala kaming pgkukulang at pg kakamali sa inyo, kaya wag nyo kami idamay as subscribers talaga... Lalo ung mga naka line sa inyo

Indeed, it took a Mayor what the SEC and the BIR can not do and has continuously failed to do. Now, expect other govt agencies to want a piece of the cake - and lawyers to make a lot of moolah. If only other LGU heads do they are supposed to do, Gov’t can get more revenues.

Sana all, kahit tao…

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Makati City padlocks Smart head office over P3.2B in unpaid taxes, lack of business permitThe local government of Makati City padlocked the headquarters of PLDT’s mobile phone service unit Smart Communications Inc. for allegedly having billions of pesos worth of unpaid taxes and for operating without a business permit over the last four years. Magkano ba threshold for unpaid taxes para di na singilin? 5 billion? So you also need to padlock Malacanan Palace kasi may billions of pesos worth of unpaid taxes yung nakatira dun? 😂😂😂 PLDT executives are doing a disservice to its stockholders
Source: inquirerdotnet - 🏆 3. / 86 Read more »