Docstoc

BIR MONITORS MOTELS IN PROJECT VALENTINE True to his promise for

Document Sample
BIR MONITORS MOTELS IN PROJECT VALENTINE True to his promise for Powered By Docstoc
					                                                                              February 12, 2010



                     BIR MONITORS MOTELS IN PROJECT VALENTINE

True to his promise for “Project Valentine”, Commissioner Joel L. Tan-Torres came out with
Revenue Memorandum Order (RMO) No. 16-2010 last February 5, 2010 prescribing policies
and guidelines in monitoring motels and other similar establishments just in time for
Valentine’s Day.

For this year, motels owners are required to submit to their respective Revenue District
Office (RDO) within ten (10) days from the issuance of RMO 16-2010, a Sworn Declaration
stating the room type, no. of rooms and rate per room of their establishment. Next year and
thereafter, said declaration shall then be regularly submitted on or before January 31.

After submission of the said declaration, the RDO will then evaluate and compute the
monthly output tax revenue by preparing an Occupancy Turnover Analysis Report (OTAR).

Discrepancies noted in the OTAR will be communicated by the RDO to the motel owner for
their amendment of tax returns filed and payment of the corresponding additional output
VAT.

No penalties and surcharges shall be imposed and no Mission Order to conduct surveillance
will be issued against a particular motel establishment which amended its returns and paid
the deficiency VAT.

However, for non-compliant establishments, surveillance and enforcement activities will be
pursued with the posting of BIR personnel in the motel premises over a period of not less
than ten (10) days to monitor business operations.

In the course of the surveillance activity, any understatement of thirty (30) percent or more
of the motel’s correct taxable sales for the taxable quarter will subject the concerned motel
to “Oplan Kandado”. For those with tax evasion cases, BIR can initiate administrative and
criminal proceedings by the filing of a case under the Run After Tax Evaders (RATE)
Program. (mldn)


Refer to        :    REYMARIE T. DE LA CRUZ
                    Chief, Taxpayer Information & Education Division

Approved By     :    AIDA S. SIMBORIO
                    ACIR, Taxpayer Assistance Service

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:3
posted:4/27/2011
language:English
pages:1