Friday, November 17, 2006

BIR Davao Region ups 3Q collection by P1B

The Bureau of Internal Revenue Region 19 has exceeded last year’s third quarter tax collection by 25.72 percent or roughly P1 billion.

“The Davao Region has collected a total of P5,074,024,665.28 billion from January to October this year,” BIR Collection Division Chief Norma Remorin told Mirror yesterday.

BIR Region 19 consists of Tagum, Davao City, Mati and Digos. However, Remorin said that Davao City accounts for 73 percent of the region’s total collection.

“This is a 25.72 percent or roughly P1 billion increase from the P4,025,812,295.31 billion collection during the same period last year,” she said.

Remorin said the regional office has exceeded their tax collection goal for the said period by P47 million. However, she added, we have a very high collection goal that the amount collected has only exceeded the goal by only 0.94 percent.

She said this is the result of a converted effort from the whole BIR Region. It is really the District Collection Office that’s in the battlefront but everyone is really working hard to make the grade, she added.

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