The Makati City government on Monday issued a closure order against Smart Communications Inc.
for operating without a business permit since 2019. In a statement, the city government said that Smart failed to settle or obtain any relief from the courts over its franchise tax deficiency worth over P3.2 billion covering the period January 2012 to December 2015.'When businesses in Makati choose to operate without a valid business permit, they are essentially operating outside the law.
In its order of desistance/closure dated February 23, 2023, the city said Smart's headquarters, located at 6799 Ayala Ave. in Brgy. San Lorenzo, violated Section 4A.01 of the Revised Makati Revenue Code or City Ordinance No. 2004-A-025. 'You are hereby commanded to cease and desist from further operating your business establishment until such time compliance with the said ordinance is made,' the order read.
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