BIR Aklan exceeds August target
by Venus G. Villanueva
Kalibo, Aklan (16 September) -- The Bureau of Internal Revenue (BIR) here exceeded its tax collection target for August 2010.
According to BIR-Aklan OIC Revenue District Officer Ricardo J. Osorio, a total of P55,983,627.28 was collected for August 2010.
Compared with the same month last year which had P40,769,424.81 collections, an increase of P15,214,202.47 was realized by BIR-Aklanthis year, or 37.32%.
Osorio said that from January to August of this year, BIR-Aklan was able to collect a total of P467,382,115.50. Last year, the province was able to collect during the same period a total of P364,691,151.08. The current period's collection posted an increase of P102,690,964.42.
This year, BIR-Aklan is targeting to collect P641,000,000.00.
"With P467,382,115.50 already collected, we need to look for P173,651,884.50 to achieve our 2010 collection target," RDO Osorio said.
Osorio said Boracay Island contributed much to the increase in tax collection of BIR-Aklan.
"Thirty percent of BIR's collections come from Boracay Island. The increase in tourist arrivals, new businesses put up in Boracay Island, and the awareness of Aklanon taxpayers in performing their patriotic duties by paying the right taxes helped much in the BIR's tax collections this period", Osorio said.
Meanwhile, a total of 5 establishments had been closed by BIR-Aklan under its "Oplan-Kandado" program this year. However, these establishments were also allowed to open after paying their tax obligations, according to BIR-Aklan. (PIA) [top]