Lee Posted November 16, 2023 Posted November 16, 2023 When you think you might have heard of every type of scam possible another one pops up. Quote MANILA, Philippines — The Bureau of Internal Revenue (BIR) is sternly warning businesses against using “altered” point-of-sale (POS) machines or cash registers. The agency issued the notice following the closure of 103 establishments and shopping centers nationwide after they were found using sales suppression machines on their POS devices. BIR Commissioner Romeo Lumagui Jr. explained that sales suppression machines modify the actual sales of a business which ultimately results in lower taxes to be paid to the government. “The sales suppression machines or the software that is called Altered means that, it’s automatic that when a sale comes in it doesn’t reflect the real sale; sometimes erasing sales or changing computations to lower sales and ultimately, lower taxes paid.,” he said in Filipino in a video posted on his Facebook account. According to the BIR head, the government lost almost P1 billion in unpaid taxes from the closed 103 establishments and shopping centers nationwide due to their manipulated POS machines. He explained that businesses caught tampering with cash registers would be temporarily barred from operating as they would also be ordered to pay corresponding fines and settle unpaid taxes to resume operations. But, Lumagui stressed, this does not mean that they are off the hook. The BIR said POS machines and any corresponding software should be registered with the agency to avoid committing violations. “Let’s make sure we’re not using sales suppression machines because we’re monitoring it and we’re making sure we’re focused on it and we’ll catch if you’re doing something foolish with your POS machines,” Lumagui said in Filipino. BIR warns vs ‘altered’ cash registers (msn.com) 1 1 Link to comment Share on other sites More sharing options...
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