BICOL-MAN

"Be Cool Man"

BIR Bicol overshoots 2010 collection goal by 5.55 percent


By Ed de Leon |  pia.gov.ph

LEGAZPI CITY (PIA)- The Bureau of Internal Revenue (BIR) Bicol regional office again overshoot its yearly collection goal, now on four consecutive years, when it was able to collect P254,,681,992.53 more than the 2010 goal of P4,588,274,000.00.

BIR Bicol Regional Director Diosdado Mendoza in his report to Revenue Commissioner Kim Henares said that the bureau was able to collect last year a total of P4,842,955,992.53 in various taxes or 5.55 percent more than the goal.

The 2010 collection was also P882,006,247.21 higher than the 2009 collection of only P3,960,949,745.32 or 22.27 percent more according to Mendoza.

Mendoza said that despite the slow down in government projects in the region, and the lack of personnel, the seven revenue district offices (RDOs) and the regional office were able to make good its collection performance because of several innovative approaches it implemented to increase collection from Income tax, Value added tax, Percentage Tax, Excise and other taxes.

He cited among them the intensified tax information campaign, collection of delinquent accounts, the regular tax compliance verification drive , the close monitoring of withholding agents of National and Local Government offices, Government Owned and Controlled Corporations (GOCC) projects and the voluntary compliance of top tax payers in the region.

Mendoza said that RDO district office in Masbate posted the best collection performance among the seven RDOs in the region when it exceeded its collection of P295,507,000.00 by P75,268,794.90 or 25.47 percent more, while the Daet, Camarines Norte RDO was second which posted a collection of more than P83,218,276.93 over the goal of P410,445,000.00 or 20.28 percent over.

This year Mendoza said that they have lined up several innovations to be able to again overshoot its collection goal for 2011 counting on the strong support and cooperation of Bicolano taxpayers. (PIA V/Albay/mal)

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