RMO No. 57-2000: Prescribes the guidelines in the implementation of the administrative sanction of suspension and temporary closure of business

Key points

1. Grounds. The grounds are failure of a VAT-registered or registrable taxpayer to issue receipts or invoices, failure to file a value-added tax return, and failure to register. Understatement of taxable sales or receipts by 30% or more of the correct amount by a VAT-registered or registrable taxpayer is also a ground.
2. Mission order needed. No surveillance or apprehension may be done unless authorized by a mission order issued under RMO No. 54-2000.
3. Documentary proof. A recommendation for suspension or temporary closure must be supported by the documentary proof specified in the Order.

Who is affected

• VAT-registered or registrable taxpayers
• Businesses that failed to register