
Friday, February 12, 2010
Ask for your receipt
Back in 2003, our Land Transportation and Franchising Regulatory Board (LTFRB) announced that they will be requiring taxis to install meters that could issue receipts. In 2006, our Bureau of Internal Revenue (BIR) got into the act and announced that they will require taxis to issue official receipts. Last year, both regulations finally began getting implemented, with February 2010 as the stated deadline for full compliance from taxi operators. But since they would still rather not declare their full income because of taxes, drivers will not automatically print and issue a receipt unless the passenger asks for it. Neither do some stores, actually. My title is taken from the sign that the BIR requires shops to post. Maybe they should make a small one for taxis.
