Philippine Seven Corporation

MO-TAX-2022-011
TAX MEMORANDUM JUNE 2022

DATE JUNE 1,2022

TO OPERATIONS, VRBU, MRBU, ALL FRANCHISEES

FROM FINANCE - TAX COMPLIANCE SECTION

SUBJECT TAX MAPPING PREPARATIONS FOR ALL 7-ELEVEN STORES

BIR regularly conducts Tax Compliance Verification Drive (TCVD) or Tax Mapping operations to check the
compliance of business establishments with the existing tax laws and regulations. In this regard, this
memorandum is issued to reiterate to all 7-Eleven Stores (corporate and franchised stores) on their tax
compliance requirements as listed below:

BIR Requirements Compliance by Stores

1. Annual Registration Fee for the year 2022
(BIR Form 0605)
2. Original Certificate of Registration
(BIR Form 2303)
3. Notice to the Public (or Ask for Receipt)
4. VAT-Registered Sales Invoice (Manual Invoice
Issuance is Required if POS is Unavailable)
5. VAT-Registered Official Receipt (for Services)
6. POS and CLiQQ Machine Permits
(Permit-to Use POS/
Special-Purpose-Machine or SPM for CLiQQ)
7. Books of Accounts (Latest Copy of BIR Form
1905) - Either Manual Books or Computerized
Accounting System
8. Senior Citizen Books
9. Filing and Payment of Applicable and Required
Taxes
Display in a noticeable place within the business
establishment (ex. counter area).
Ensure availability of valid BIR-registered SI and
OR. Completely and properly fill-out the SI/OR for
every transaction, as needed.
a. Ensure correct POS permits are attached
at the back of the POS/CLiQQ Machines,
b. Correct permit numbers such as Machine
Identification Numbers (MIN), BIR
accreditation and machine serial numbers
and the Name, TIN and address of
Taxpayer per POS sticker/permit are
properly reflected in the POS-issued tape
receipts.
Ensure the books are duly registered and records
are updated.
Ensure timely filing and payment of monthly,
quarterly, or annual taxes such as income, VAT,
and withholding taxes, together with the required
attachments.

Taxpayers using POS machines are required to

submit a monthly eSales report through BIR's
10. Monthly eSales Filing eSales system (even if zero/no sales) every 8th
(last digit of TIN is even) or 10th (last digit of TIN
is odd) of the following month.
 Philippine Seven Corporation
MO-TAX-2022-011
TAX MEMORANDUM JUNE 2022

Ensure that monthly eSales report for

filing/submission to the BIR is reconciled with the
monthly eSales uploaded by DPC in iGate and
Income Statement of FC.

Franchisees and Store Managers are mandated to regularly check their Stores' compliance with the above
requirements. Any violations, citation or penalties that may be assessed in case of failure to comply with the
above rules shall be their responsibility and accountability.

All Stores are advised to have full cooperation during BIR Tax Mapping operations. Any violations and
penalties imposed should be clearly explained by conducting BIR Officials and acknowledged by authorized
personnel of the Store. A copy of BIR Compliance Checklist used during Tax Mapping operations is attached
herewith as Annex "A". Immediately forward copy of all BIR letters or notices to PSC-Tax Compliance Section
for validation/checking.

Should you have concerns or clarifications on the foregoing, you may reach Mr. Derick Sincioco at 0919-072-
7835 or email attaxcompliance@7-eleven.com.ph or fctaxassistance@7-eleven.com.ph.

Please be guided accordingly.

Thank you.

Prepared by:

Rosfe-Abbygail DR. Ubaldo

Tax Compliance Specialist

Noted by: Approved by:

Arianne^bnniniq(ueJFrUlep Lawrence M. De Leor

Tax C^mpliance Section Manager Finance Division Head
11 Philippine Seven Corporation
TAX MEMORANDUM
MO-TAX-2022-011
JUNE 2022

Annex "A"

KAWANIHAN NG RENTAS INTERNAS

Revenue Region No.
Revenue District No.

TAXPAYER INFORMATION SHEET

Note: Mark appropriate box with an "X'

Taxpayer's name:
TIN: ) Head Office ( ) Branch
Business Trade Name:
Registered Address:
Tel. No./E-mail Address:
Name of Business:

Nature of Business

Registered Tax Type : (Please Check) Registration I VAT ( ) Non-VAT

() Registration fee ( ) Withholding Tax-Compensation
() Income Tax ( ) Withholding Tax-Expanded
() Percentage Tax ( ) Withholding Tax-Final
() Value Added Tax ( ) Withholding - Government Money Payments
( ) Others: (Specify)
Year Business Started Remarks:

No. of Sales Personnel

Total No. of Employees :

COMPLIANCE CHECKLIST
Registration Requirements
1.Has taxpayer paid and displayed its Registration fee for the current year? )Yes )No

Display of 'Notice to the Public' ('Ask for Receipt') and Certificate of Registration
2.Is the Certificate of Registration (Original) displayed? ( )Yes )No
3.Is the "Notice to Public"/"Ask for Receipt" (Original) displayed? ( )Yes i )No

Invoicing Requirements and Use of Cash Register Machines

4.Is taxpayer duly provided with registered Invoices/or Receipts? ' )Yes ( )No
5.Types of Receipts/Invoices used by taxpayer and last invoice issued?

Serial No. Date Official Control No. (OCN)

a.Charge Invoice
b.Delivery Receipt
c.Cash Invoice
d.Official Receipts
 Philippine Seven Corporation
MO-TAX-2022-011
TAX MEMORANDUM JUNE 2022

6.Is Taxpayer.using Cash Register Machine? )Yes No

7.Are all Cash Register Machines with permits? )Yes No
If yes, No. of Units
If no, No. of Unregistered Units

Serial No. Recording Updated Serial No.

( )Yes( )No
( )Yes( )No
( )Yes( )No

Bookkeeping Regulations
8.Are Books of Accounts Registered? Yes )No
9.Is recording updated? Yes )No
10.Is taxpayer using computerized book of accounts? Yes )No

Other Information
11.Is taxpayer renting its space?
12.If yes, Monthly Rental
Name and Address of Owner (Lessor).

Name and Address of Accountants/Bookkeepers:

Remarks

Received
( ) i. Taxpayer's Guide ( ) iv. Registration forms, Payment Forms (For Registration Fee)
( )ii. Notice to the Public ( ) v. Reminder Letter
( ) iii. Tax Mapping Sticker

Signature of Taxpayer/Representative Revenue Officer(s)/Group Supervisor

who conducted Tax Mapping