The Makati City government shut down the head office of Smart Communications Inc. for its alleged unpaid taxes amounting to some P3.2 billion and for operating without a business permit over the last four years. | AbbyBoiserINQ /PDI
The PLDT subsidiary also assured the public that its services would “remain available and accessible to our subscribers.”
In 2019, however, Smart filed an opposition against Makati’s motion and challenged the court’s decision before the Court of Tax Appeals .Smart had argued that the city has no jurisdiction to audit the company’s financial statements and operations in other branches nationwide, adding that it had submitted all records related to its operations within the city and paid the necessary taxes.
“I am committed to making sure all businesses are operating legally. It is important for businesses to know that we take these matters seriously and will take action when necessary,” Binay pointed out. In 2022, its local government reported 4,439 new business registrants and 34,590 business permit renewals, with the new enterprises chalking up a total of P29.02 billion in capital investments. Registered businesses in the city also reported total sales of P1.42 trillion last year.
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