The Cordillera office of the Bureau of Internal Revenue (BIR-CAR) disclosed that Baguio City remains the source of the bulk of revenue collected by the bureau from taxpayers.
BIR-CAR regional director Douglas Rufino reports that the city accounts for approximately 70 percent of the taxes being collected by the bureau from the different types of taxpayers annually.
He stated that of the more than P5.9 billion taxes collected by the bureau in the region last year, more than P2.95 billion was collected by the Baguio City revenue district office.
For his part, Baguio Revenue District Officer Wilfredo Reyes stipulated that last year’s tax collection in the city was more than the tax collection goal imposed by the central office which was P2.85 billion.
Despite having exceeded the tax collection goal last year, BIR-CAR officials remain committed in sustaining the efforts to collect more taxes that will contribute in the overall efforts of the bureau to generate the needed revenue that will be used to improve the quality of basic services delivered to the public, and implement development projects beneficial to the welfare of the greater majority.
According to Rufino, the city remains the region’s flag carrier in revenue generation because of the huge amount of taxes being collected from individual and corporate taxpayers.
The BIR-CAR official stipulated that most of the taxes collected in the city and the region are value added tax, income tax, percentage tax, excise tax and other forms of taxes that are authorized by the central office through various revenue memoranda.
