BIR comes up with ratings guide ranking restaurants based on taxes paid instead of food quality
Will this really boost tax collection?
Agence France-Presse (via ABS-CBNNews.com) reports that the Bureau of Internal Revenue (BIR) has come up with a unique ratings guide for restaurants that ranks them based on the taxes they pay rather than the quality of food they serve in an effort to "shame those cheating the state out of revenues."
The report explained that "the gradings system, a unique twist on the world-famous Michelin guide," aims to help the government improve its tax collection efforts by encouraging restaurants to pay the right amount of taxes. Malacañang said the ratings guide "would be updated every week and published in major newspapers and on the government finance department’s website."
The ratings guide published on Wednesday, October 9, named the dining establishments in Parañaque and Las Piñas which paid the highest taxes. The list is based on the 2011 payments. (See the charts below.)
For more on this story, log on to ABS-CBNNews.com. Screenshots of charts taken from larger chart posted on Gov.ph.