Tuesday, August 14, 2007

PGMA congratulates tax collection bureaus for surplus targets

Cebu, Philippines (14 August)—President Gloria Macapagal-Arroyo, during a tax command conferences recently with the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) congratulated these bureaus for exceeding their July collection targets by P2-Billion and P1.2Billion respectively.
The President in her continuing bid to improve revenue collections in the country recently created task forces on revenue enhancement and anti-smuggling as she committed that the government will bounce back from its collection shortfall during the first semester of this year.
Because of the poor tax collection performance during the 1st semester, impending revamps among the BIR and the BOC were rumored to happen.
Earlier, Customs Commissioner Napoleon Morales revealed that a reshuffling plan was submitted to the DOF selection board after the BOC was assessed to have not met its targets due to low collections of customs ports.
However, the Ports of Cebu, Cagayan de Oro, Legaspi and the NAIA have overshot their targets.
Here in Cebu , Bureau of Customs district collector Ricardo Belmonte is hopeful they will not be included in any future reshuffling because BOC-Cebu has surpassed its targets for the first seven months by P48M. Belmonte said that the Cebu-BOC had a target of P400M for July or at least P18M a day.
Port of cebu asst. chief of assessment, Fibrante Ricarte revealed that the BOC here was able to collect P403.5M for July or an excess of P3.5M due to their vigilance and the computation of correct duties and taxes.
The BIR’s target is to raise P730Billion while the BOC was given a P228Billion target this year for the government to achieve its P1.1 Trillion revenue target. (PIA-Cebu/MBCN)

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