• Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
HERALD EXPRESS | News in Cordillera and Northern Luzon
ADVERTISEMENT
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us
No Result
View All Result
HERALD EXPRESS | News in Cordillera and Northern Luzon
No Result
View All Result
Home Headlines

BIR-CAR exceeds tax collection goal last year

Hent by Hent
May 22, 2022
in Headlines
1
0
Korean businessman probed for tax evasion
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

BAGUIO CITY – The Cordillera office of the Bureau of Internal Revenue (BIR-CAR) exceeded its tax collection goal last year amidst the Coronavirus Disease 2019 (COVID-19) pandemic that heavily impacted on the local economy.

BIR-CAR regional director Douglas Rufino stated that the bureau collected more than P5.9 billion in various taxes last year compared to the more than P5.5 billion projected tax collection target, exceeding by around 8 percent the projected 2021 tax collection.

Further, last year’s tax collection is more than 15 percent higher compared to the more than P5.2 billion in taxes collected by the bureau in 2020 during the height of the COVID-19 pandemic that caused the implementation of the Luzonwide lockdown.

Rufino explained that bulk of the taxes collected by the bureau last year is  composed of taxes withheld by government agencies and local governments that hired significant numbers of employees and purchased huge volumes of goods used for the needs of the people at the height of the pandemic.

Based on the data obtained from the BIR-CAR’s collection department, more than P3.6 billion was classified as income taxes, P1.6  billion from value added tax, more than P459 million are percentage taxes, more than P376 million fall under other forms of taxes and more than P11 million are excise taxes.

From January to April this year, the BIR-CAR collected more than P2.388 billion in various taxes compared to the target tax collection of at least P2.388 billion or an excess of nearly P700 million in collected taxes.

According to the BIR-CAR official, there has been an increase in the taxes collected by the bureau for each of the 4 quarters last year despite the implementation of stricter community quarantine restrictions to contain the spread of the deadly virus due to the emergence of the various variants in the country.

In 2022, Rufino disclosed that the bureau’s tax collection target was pegged by the central office at more than P7.109 billion which the various revenue district offices and the regional office will try to raise. He stipulated that part of the efforts of the bureau to contribute in achieving the tax collection target is the hiring of some 70 entry-level personnel after the bureau focused on the promotion of the employees who had been occupying the entry level positions to pave the way for the opening of the same to interested applicants.

On July 13-14, 2022, the bureau will be conducting a pre-employment examination for the interested applicants to the vacant positions which had already been published and posted for the information of interested applicants.

Rufino vowed to continue exceeding the bureau’s tax collection target in the region for this year and the years to come for the government’s use in improving the delivery of quality basic services and the implementation of high impact development projects that will contribute in allowing the gradual and safe revival of the local economy that had been heavily impacted by the ongoing health crisis.

Previous Post

La Trinidad folk told to register with RSBSA

Next Post

Unregistered online sellers to face tax evasion raps

Next Post
How to Make the Best Use of Your E-Wallets

Unregistered online sellers to face tax evasion raps

ADVERTISEMENT

Recent News

Nickel Asia receives silver citation for Best Managed Basic Materials category in FinanceAsia Awards

Nickel Asia receives silver citation for Best Managed Basic Materials category in FinanceAsia Awards

June 18, 2025
NGCP’s Mariveles-Hermosa-San Jose 500kV Line now at full 8,000MW capacity

NGCP holds stakeholder consultation to tackle TDP 2025-2050

June 18, 2025
MP conducts PMRB capacity, deputation training 

MP conducts PMRB capacity, deputation training 

June 18, 2025
Atok LGU is regional literacy awardee

Atok to help boost booming tourism industry

June 18, 2025
ADVERTISEMENT
HERALD EXPRESS | News in Cordillera and Northern Luzon

Herald Express is a news organization based in Baguio City that has a weekly publication and an online news portal. The newspaper is circulated in the different provinces of Northern Luzon. The name of the fastest-growing publication in town is coined from the word ‘quick messenger’ which is self-explanatory.

Follow Us

Search

No Result
View All Result

© 2024 Baguio Herald Express | Website Design and Development by Neitiviti Studios

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT

Add New Playlist

No Result
View All Result
  • Headlines
  • City/Region News
    • Baguio City
    • CAR
    • Nation
  • Sectoral news
    • Elections
      • Elections – 2022
      • Elections – 2019
    • Agriculture, Fishery and Pets
    • Business & Livelihood
    • Education, Arts & Culture
    • OFW | Migration
    • Environment and Disaster Management
    • Science and Technology
    • Tourism, travel and Events
    • Other Lifestyle
    • Police Beat
  • Health
    • Covid-19 Advisory and Updates
  • Opinion
    • Editorial
    • Columns
    • Timek Ti Umili
  • Sports
  • Other sections
    • Features
    • Photos/Videos
      • Photos
      • Videos
    • Words for reflection
    • Sponsored articles
    • Jobs in Baguio
    • Elections
  • Ads & Notices
    • Obituaries
  • About Us
    • About Us
    • Directory
    • Contribute
    • Advertise
    • Cookie Policy
    • Contact Us

© 2024 Baguio Herald Express | Website Design and Development by Neitiviti Studios