PALO, Leyte,
Aug. 10 (PNA) – The Bureau of Internal Revenue (BIR) has collected Php 3.94
billion from January to June 2016, missing the target for the period, the tax
agency reported.
The BIR
regional office here missed the Php 4.52 billion first semester target by 12.78
percent, or Php 578.42 million.
But the
January to July 2016 revenue is Php 767.58 million, higher than the same period
in 2015.
“Since we
are highly dependent on withholding taxes from government projects, our
collection has decreased this year since there were less post-Yolanda recovery
activities compared to 2014 and 2015,” said BIR Eastern Visayas assistant
regional director Teodoro G. Galicia.
“Although we
missed the target, we are happy to generate nearly half of the Php 8.67-billion
goal for the year.”
Of the total
collection for the period, Php 1.60 billion was earned by Tacloban revenue
district office (RDO) in northern Leyte and Biliran; Php 754.74 million by
Ormoc RDO in western Leyte; Php 587.90 million by Catbalogan RDO in Samar; Php
342.75 million was generated by Catarman RDO in Northern Samar; Php 339.14
million by Borongan RDO in Eastern Samar; and Php 316.84 million by Maasin RDO
in Southern Leyte.
Among the
six RDOs, only Catbalogan office exceeded the target by only 0.63 percent. The
other five RDOs posted a deficit ranging from nine percent to more than 17
percent.
The BIR in
the region is eyeing a Php 8.67 billion tax collection this year, even after it
failed to reach the 2015 revenue goals due to impacts of super typhoon Yolanda
that struck some of its provinces in 2013.
The BIR said
they were still optimistic to meet the target this year with the recovery of
businesses and expansion activities of private establishments.
RMA/SARWELL Q. MENIANO
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