EXECUTIVES of Smart Communications Inc. on Tuesday submitted various documents to the Office of City Treasurer of Makati, including the breakdown of revenue sources nationwide, in compliance with an earlier city government order and several court rulings.
On Monday, the Makati city government issued a closure order against Smart for its failure to settle over P 3.2 billion covering the period of January 2012 to December 2015 and for operating without a business permit since 2019. “You are hereby commanded to cease and desist from further operating your business establishment until such time compliance with the said ordinance is made,” read the order, which was implemented on Monday .
“When businesses in Makati choose to operate without a valid business permit, they are essentially operating outside the law. This is unacceptable, and I want to make it clear that we will not tolerate this kind of behavior, whether you are a big or small company,” Makati City Administrator Claro Certeza said.
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Makati City padlocks Smart head office over P3.2B in unpaid taxes, lack of business permitICYMI: The local government of Makati City padlocked the headquarters of 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.
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