Bureau of Internal Revenue in Davao Region to intensify its tax collection campaign in 2015

DAVAO CITY, Mar 4 (PIA) Tax officials in Davao Region will press on with the tax collection campaign given its share at P16.1 Billion from the total tax collection target at P1.7-Trillion nationwide.

Atty.  Glen Geraldino, director of the Bureau of Internal Revenue said their offices in the region will intensify the tax campaign “OplanKandado, monitoring of tax payers, benchmarking and other activities to run after tax evaders.

He said the OplanKandado which padlocks businesses which do not pay taxes accordingly, has been a very effective tool to encourage businessmen to pay the tax due to the government.

“We have to collect 30 percent more of what we have collected last year,” Geraldino said.

He said they will also bank on the vast and growing economy, peace and order in Davao City, the resilience of the banana industry and the entry of more investors as boosts to the tax collection effort of government.

Geraldino recalled that the overall tax collection revenue in 2014 was P12.4 Billion in Davao Region and was P1.5-Million higher than the revenue collected in 2013.

“It is only through enforcement that we can collect more from the taxpayers,” he said.

Earlier, Revenue Deputy Commissioner Rene Aspe said that this year’s tax collection effort will be affected by the two measures like the administrative measure of including P10,000  to the list of tax exempted benefits  effective in January 2015 and the approval of the legislation of tax exemption of bonuses which was upgraded to P82,000.

“Definitely, this will result to the reduction of revenues from P30-Billion to P40-Billion per annum,” he said.  (PIA 11-Joey SemG.Dalumpines)