BIR vows to penalize businesses using old ATP-A A +A
Friday, September 6, 2013
THE Bureau of Internal Revenue (BIR) has vowed to go after and penalize businesses in the city and the rest of Northern Mindanao that still use old authority to print (ATP) receipts after the agency rendered these no longer valid in business transactions.
The BIR gave business establishment until Aug. 30 to comply with its new regulation on receipts.
BIR regional assistant revenue district officer Samson Carcueva said violators will face stiffer penalties.
Carcueva said all principal and supplementary receipts and invoices printed prior to January 18 are no longer valid.
Business sectors caught using the dated receipts after the deadline will be slapped with a penalty of P1,000 to P50,000, Carcueva said, adding that BIR will resort to drastic measures such as shutting down of establishments that violate the new regulation.
He said the new revenue regulation aims to curb abuses in the use and issuance of official receipts, sales invoices and other commercial invoices.
BIR RR (revenue regulation) No. 18-2012 requires all business taxpayers to apply from the BIR an ATP for the printing of new sets of their principal and supplementary receipts/invoices on or before April 30.
In giving leeway to the business sector, they were given an extension to comply until Aug. 30.
According to the new order, the ATP is issued per establishment and valid only upon full use of inclusive serial numbers of all invoices or five years from issuance, whichever comes first.
Carcueva said this regulation was a necessary reform to address serious problems, including the proliferation of fake receipts that are being sold to tax evaders and smugglers, and unscrupulous acts by some BIR personnel whose relatives used to own receipt printers previously accredited by the BIR.
He said they will be strict in their campaign against tax evaders as they are given quota of their collection, which is 28 percent higher than last year’s collection of P390 million.
Carcueva said they will double their effort in tax collection before the year ends.
“In order to fulfill our task, we will start conducting tax compliance verification drive of tax mapping to more than 30,000 registered big time and small business establishments here.
He said through tax mapping the revenue will identify tax payers who failed to print the new ATP receipts.
Carcueva hoped that with the new order, business owners will cooperate and pay their taxes duly.
Carcueva also advised the business sector to surrender all unused, unissued receipts or invoices to the BIR where the taxpayer is registered on or before the 10th day after the expiration of the validity period for destruction.
Carcueva said that if all will pay their taxes honestly, the country will surely prosper. He only hopes that taxes will be put in the right projects so all tax payers will be benefited.
Published in the Sun.Star Cagayan de Oro newspaper on September 06, 2013.