PIA Press Release
Thursday, January 12, 2012
Davao City exceeds tax goals in 2011by Mai Gevera-Macapagat
DAVAO CITY, Jan. 12 (PIA) -- The city government of Davao exceeded its tax collection target of more than P200 million for the year 2011.
In yesterday’s Club 888 at Marco Polo Hotel, City Treasurer Rodrigo Riola bared that since he was seated as treasurer, this is the first time for the city to collect this much from the different collection departments in Davao.
The actual tax collection reached P4.5 billion as it maintains to have the bulk of the collection coming from business taxes.
Business taxes collected for 2011 reached P766 million, a target accomplishment rate of 111 percent.
“We hope to surpass or even duplicate this amount for 2012 because the city needs money to implement some projects,” he said.
Meanwhile, Business Bureau head Atty. Tristan Dwight Domingo reported that the office has accommodated 16,553 applicants for business permit renewals as of yesterday.
In the previous years, the said office received up to 22,000 applications in the given period.
However, with the number of applicants that renewed more than a week before the January 20 deadline, the official projects more than applicants this year that could even reach up to 25,000.
“We are still halfway before the deadline, but we have already been receiving this plenty,” he said.
The Business Bureau continues to urge business owners to renew their permits as early as possible so as to avoid penalties and congestion of applicants in designated paying station.
Applicants for business renewals may proceed to the Sangguniang Panlungsod Office from 8 to 5 pm and up to 12 midnight on the last day of renewal.
The office has also opened a one-stop-shop for
this particular transaction at the NCCC Mall, Maa.
Riola on the other hand, expressed desire to have the renewal process in the district level.
“ This way, we could decongest traffic and also beneficial to business owners who need not travel far just to reach the Business Bureau office and pay the necessary renewal fee. (PIA/Mai Gevera-Macapagat)