BIR Cagayan Valley cited collection top performer in RP
by Oliver T. Baccay
Tuguegarao City (11 June) -- The Revenue Region 3 has surpassed its target collection for this year and pronounced to be the top performer in terms of collection all over the country.
Ms. Lourdes Perez, Chief-Collection Division, said Regional Director Thelma Milabao informed that Revenue Region 3, covering Cagayan Valley Region, was recognized as the best performing region in terms of collections by the secretary of finance.
Perez said, for the first five months of this year, they have already collected 1.44 billion pesos from income taxes, excise taxes, VAT and other taxes against the 969.7 million target goal for this period.
"We surpassed our target goal with a difference of 478 million pesos or 49.30 percent from January to May", Perez stated.
Ms. Leonie Roaquin, Chief-Collection Performance Audit Division, also said the achievement was due to the implementation of collection reforms of all revenue district offices.
She said all district have exceeded their target goals. Cagayan exceeded its goal with 52.91 percent, Nueva Vizcaya- 28.43 percent, Isabela- 37.24 percent, Quirino- 182.14 percent.
Roaquin also stated that they are very optimistic to achieve their over-all target collection for this year with the strict implementation of all collection reforms and programs that compels the taxpayers to pay their obligations to the government on time. (PIA 2) [top]