BIR: Can I see the Property?

Once upon a time, a seller just closed the sale of his property.

In the process of transferring the title of the property to the buyer's name, the BIR examiner noticed something off with the documents presented. So, the examiner demanded to visit the property.

The seller refused to allow the examiner to visit, making all kinds of excuses. The examiner simply stood his ground and withheld the issuance of the CAR unless they got to do so. So the seller went home.

Little did the seller know that the examiner visited the property and discovered that it was leased to a tenant. Thus, the sale of the property was subjected to VAT and income tax.

The takeaway here is this: regulators may choose to conduct oculars. This is probably something everyone should know. Refusing to do so will just raise more doubts and would be tantamount to admittance.