BPLO officer-in-charge and assistant city administrator Pax Maghacot Jr. said the city government ordered the closure of Valiant KTV and Disco located at 31 Scout Tobias St., South Triangle, Quezon City for violation of the Q Revenue Code of 1993.
Moreover, it was found that the establishment has been operating without a business permit after its management, Goldilon Corp., headed by one Antonio Lim, failed to renew its license which expired last Oct. 31.
Maghacot said Valiant owes the city government P60,000 in taxes arising from live shows.
Under the Revenue Code, establishments are required to pay P50 per live show. According to Maghacot, management of the KTV joint has never declared live shows as part of its services. But an ongoing live show was discovered by the BPLO when it inspected the establishment last October.
Maghacot said the non-declaration of its live shows allowed the management to evade taxes since it opened in 1998.
"If you look at it, P60,000 may be a small amount but the management still refused to pay. Moreover, it was operating without a Mayor’s permit," Maghacot explained.
He added that there are 15 other clubs on the "closure" pipeline for the same violation. – Nikko Dizon