BIR targets 13.152-B collection for 2017

The Bureau of Internal Revenue (BIR) Region No. 11-Iloilo is eyeing to collect P13.152 billion in taxes in 2017.

“We will endeavor to increase our tax collection this year by at least 22 percent over that of 2016. The rate of increase will translate to a tax collection in the total amount of P13.152 billion,” said Director Alberto Olasiman of BIR RR 11 during the recent kick off of the Tax Campaign 2017 in Iloilo City.

Olasiman said actual tax collection in Region 6 has consistently increased over the years – from P5.363 billion in 2011 to P10.780 billion in 2016, or twice as much amount of taxes collected.

In 2016, the increase in collection against 2015 was P1.682 billion, or equivalent to 18.49 percent.

Olasiman said Revenue Region No. 11 has outlined an action-plan geared towards improving the tax collection for 2017.

Some of the steps included in the action plan are the establishment of the profile of TPs and benchmarking rate of profit for each category of business or industry; aggressive conduct of Tax Compliance Verification Drive and Tax Surveillance under its Oplan Kandado Program; expedite the updating of zonal valuation of real properties in the different revenue district offices; and pursue the enforcement of Administrative Summary Remedies in the collection of delinquent accounts.

Olasiman said they will recommend the filing of a case against delinquent taxpayer under their Run After Tax Evaders Program.

He said they will also continue to authorize their tax auditors to examine the books of accounts and other financial records of taxpayers who are less or non-compliant to revenue rules and regulations pertaining to declaration of sales or income and expenses through issuance of Letter of Authority.

“We all know that the government needs to raise revenues in order to meet the financial requirements for its multifarious projects, activities, programs, salary and allowances of government personnel and all other expenses of governance,” said Olasiman.

To show their support to the government and express the spirit of loyalty and patriotism, Olasiman urged taxpayers to pay their income tax return and not to wait for deadline which is on April 17, 2017, since April 15, 2017 is a Saturday. (PIA-Iloilo)

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