Friday, October 06, 2006
Revenue bureau hits collection target
BUREAU of Internal Revenue (BIR) Regional Director Marcelinda Omila-Yap said the agency has exceeded its target collection goal from January to August this year, as it continuously stepped up efforts to reach the Davao Region's target collection of P6,344,680,000.
This year's national target collection of BIR is P675.4-billion, which is 27 percent higher than the P532-billion collected last year.
BIR regional office through its cumulative report showed a 26.67 percent increase on its target collection from January to August 2006. The eight-month collection this year has totaled a P4,108,098,017.59 as compared to same period last year's collection of P3,243,177,542.35.
Yap said the tax collection performance is largely boosted by the ongoing tax education and information campaign coupled with the various measures and strategies that are being implemented by every district revenue offices in the region to exceed their respective target collections.
All revenue district offices have exceeded its target collections over the last year's (2005) collections.
The biggest collection is in Davao City district revenue office with a total of P2,991,916,982.61 (from January to August 2006) or an increase of 27.91 percent over last year's (2005) same period of P2,339,119,314.40.
Second highest is Tagum district revenue office with tax collections of P763,178,145.42 or an increase of 26.83 percent over same period of last year's collection amounting to P601,748,516.01.
Mati, Davao Oriental revenue district office also exceeded its target goal by 10.19 percent amounting to P115,699,264.98. Last year's collection during the same period was P104,999,241.04.
Digos City in Davao del Sur revenue district office also exceeded by 20.27 percent (Jan to August 2006) totaling P237,303,624.58. Last year's same period was P197,310,470.90.
Yap said BIR Commissioner Jose Mario has ordered all regional directors throughout the country to sustain the effort in government's drive against tax evasion following his warning to other businessmen and firms that BIR would never countenance tax evasion, as it is a "crime against the people."
For Bisaya stories from Davao. Click here. (October 6, 2006 issue)
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