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PIA Press Release
2010/02/02

Nueva Vizcaya eyes super 1st class status by 2012

by Ben Moses Ebreo

Bayombong, Nueva Vizcaya (February 2) -- The continuing inflow of generated income from various taxes in the province will soon elevate its status into a super 1st class, provincial officials here said.

Perfecto Martinez, Jr., provincial treasurer said that due to innovations and approaches made by their office their tax collection system has improved over the years.

"Tax rates are still the same but due to our innovations, we have improved tax collection in the province and this can only be done with the strong support of our political leaders," he said.

Martinez said that with the strong tax generation now in place with the institutionalization of 275 deputy tax collectors and establishment of tax collection centers in the villages, collection of taxes continue to increase.

According to Martinez, the province needs P46 million to be classified as first ? class province, a status which is given to cities and provinces every four years.

"With our collection of P750 million last year and the continuing payment of real property taxes by the Casecnan project contractor, our province will achieve its super first-class status by 2012," he said.

The P750 million real property tax was paid by Cal Energy Water Company(CEWC) covering past and previous taxes with the operation of the Casecnan Multi-Purpose Irrigation and Power Project(CMIPP) in Alfonso Castaneda town. (PIA NVizcaya) [top]

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