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Bacolod City, PhilippinesMonday, February 27, 2012
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Bacolod BIR exceeds
collection by 17.93%

The Bureau of Internal Revenue, Revenue Region 12, Bacolod City exceeded its tax collection goal by P4,300,509.90 last month, up by 17.93 percent from the P420,352,309.29 collection of the same month last year.

Revenue Director Perfecto Aranas said they collected P495,725,509.90 last month, which is 0.88 percent higher than their goal.

He said they need to double their efforts in collecting taxes as the national goal collection for 2012 has been increased to P1.066 trillion, and the goal for RR12 has also been raised to P6,147,388,000 billion.

The collection is not only dependent on the enforcement of tax laws but it must also come from the voluntary compliance by taxpayers, Aranas said.

The BIR is conducting dialogs and seminars on tax payments, tax mapping campaigns and operations, Oplan Kandado, and heightening the Run After Tax Evaders program, he also said.

He added that taxpayers know the consequences when they are subjected to the Oplan Kandado and the RATE programs. BIR also takes initiatives on doing surveillance operations and verifying business establishments and individual taxpayers who are understating their income by more than 30 percent, he added.

Aranas also reminded all taxpayers of the deadline for the filing of 2011 income tax on April 15. He also appealed to all taxpayers to declare their taxes correctly to avoid sanctions and penalties.

Meanwhile, the revenue collection for the other four revenue district offices under RR12 for January were RD76-Victorias (P55,140,136.70), RD77-Bacolod City (P283,502,151.13), RD78-Binalbagan (P44,408,128.23), and RD79-Dumaguete City (P112,675,093.84).*LTG

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