Monday, November 22, 2010

News Update BIR Iloilo City exceeds tax collection target

LOILO CITY, Iloilo, Philippines (PIA) - The Bureau of Internal Revenue District Office No. 11 in Iloilo City said it has exceeded its P4.7-billion October tax collection goal by P113.5 million or 2.43 percent as compared to last year's collection. Said Revenue District Officer Nelia Demalata in a recent press conference, ''The BIR in Iloilo City collection as of October has reached P4.8 billion compared to last year's P3.8 billion. That represents a 23 percent increase or P990.9 million.'' Demalata attributed the increase in tax collections to the massive tax campaign activities that the BIR in this city has conducted involving all sources of taxes. She also said that the BIR's Tax Computerization Program has likewise helped her office in its revenue collection performance through ''strengthened collection efforts, improved collection programs and enabled collection officers.''

The program has also improved taxpayer service through time-efficient taxpayer transaction processing, including responding to queries and completion of taxpayer-related services, Demalata said. Demalata also said that the Bureau of Internal Revenuein Iloilo City has closed fourteen business establishments for failure to issue receipts or invoices, failure to register as VAT taxpayer and under declaration of sales by more than 30 percent. She urged tri-media to help in the BIR's tax campaign, because, she said, ''the taxes collected will help improve the delivery of social services to the people and build more infrastructure to sustain long-term economic growth.''