Bureau of Local Government Finance Opinion

February 8, 2010 BUREAU OF LOCAL GOVERNMENT FINANCE OPINION 1st Indorsement Respectfully referred to the Honorable Commissioner, Bureau of Internal Revenue, Quezon City, the herein letter dated January 21, 2010 of the City Treasurer of Quezon City relative to Resolution No. SP-4758 S-2009, entitled "A RESOLUTION URGING THE SECRETARY OF FINANCE TO EXCLUDE THE QUEZON CITY VENDORS AND HAWKERS FROM THE MEMORANDUM OF AGREEMENT (MOA) ENTERED INTO BETWEEN THE PHILIPPINE ASSOCIATION OF LOCAL TREASURERS AND ASSESSORS, BUREAU OF INTERNAL REVENUE, AND BUREAU OF LOCAL GOVERNMENT FINANCE (BLGF) LAST DECEMBER 16, 2009 WHICH WILL EFFECTIVELY REQUIRE ALL MARKET VENDORS TO REGISTER WITH THE BIR PRIOR TO THE RENEWAL OF THEIR BUSINESS PERMITS EFFECTIVELY (SIC) JANUARY 4, 2010, AND EFFECTIVELY MAINTAINING THE STATUS QUO ANTE PRIOR TO THE IMPLEMENTATION OF THE MOA AS REGARDS THE USUAL REQUIREMENT FOR RENEWAL OF BUSINESS PERMITS OF MARKET VENDORS." It will be highly appreciated if this Bureau can be favored with your comments/recommendations on the matter. (SGD.) MA. PRESENTACION R. MONTESA Executive Director