Malacanang vows commitment to intensified tax collection efforts

Comment: Off

President Benigno S. Aquino III listens to a project briefing by Transportation and Communications Secretary Joseph Emilio Abaya on the Laguindingan Airport Development Project (LADP) in Laguindingan Misamis Oriental on Tuesday (February 26). The 7.9 billion project aims to establish an international-standard airport to replace Lumbia Airport in Cagayan de Oro and Balo-I Airport in Iligan. The airport has a projected passenger capacity of 1.6 million for the year 2020. Once operational, the airport is seen to boost economic activities not only in Misamis Oriental but also the neighboring areas of Iligan and Lanao del Norte. (MNS photo)

MANILA, Feb 27 (Mabuhay) — The Aquino government reiterated its commitment to intensified tax collection efforts by running after tax evaders after the Bureau of Internal Revenue (BIR) collected P1.058 trillion in 2012.

Presidential Spokesperson Edwin Lacierda said during the regular press briefing in Malacanang on Wednesday that the BIR has stepped up the filing of cases against tax evaders as part of the Aquino government’s commitment to tread daang matuwid or the straight and righteous path.

The government has stepped up the filing of cases against tax evaders with 28 new cases filed since November 2012.

According to the Department of Finance (DOF), 11 new cases were filed under the Run after Tax Evaders (RATE) program, while 17 new cases were filed under the Run after the Smugglers (RATS) initiative.

The DOF and its attached agencies are working with the Department of Justice and the judiciary for the swift resolution of the cases.

With the various reforms initiated by the concerned government agencies, the government succeeded in increasing tax revenues last year.

The DOF had reported that the BIR increased its tax revenues by almost 15 percent to P1.058 trillion last year from P924 billion in 2011.

The DOF said the collections from BIR operations amounted to P1.017 trillion last year from P890 billion in 2011, while collections from non-BIR operations amounted to P40.95 billion from P33.65 billion in 2011. (MNS)

About the Author

Related Posts