'When businesses in Makati choose to operate without a valid business permit, they are essentially operating outside the law,' says a Makati official.
MANILA, Philippines– Telecommunications giant Smart Communications Inc. was slapped with a closure order by the local government of Makati City on Monday, February 27, for allegedly not paying up to P3.2 billion in taxes and operating without a business permit over the last four years.
“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.
Smart argued that Makati City has no jurisdiction to audit the company’s financial statements and operations in other branches nationwide, and added that it had submitted all records related to its operations within the city and paid the necessary taxes.
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