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Bacolod City, PhilippinesWednesday, January 18, 2012
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BIR posts P5.2M
in 2011 tax collection

The Bureau of Internal Revenue, Revenue Region 12, in Bacolod City has recorded P5,258,409,627.15 for 2011 tax collection, which is 2.70 percent higher than its collection goal, BIR regional director Perfecto Aranas said yesterday.

The increase of P138,350,627.15 is the result of heightened tax campaigns, tax seminars, and dialogs with the tax payers on their responsibilities and obligations, Aranas said.

The BIR also encourages taxpayers to voluntarily declare their taxable income, he added.

The collection of the four revenue district offices for January to December include RD 76-Victorias City with P517,274,749.83; RD 77-Bacolod City with P2,944,707,270.99; RD 78-Binalbagan with P568,524,607.91; and RD 79-Dumaguete City with P1,227,902,998.42.

It was reported earlier that BIR tax collection efforts would post a higher target this year at P1.006 trillion. *LTG

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