Bizmen urged to help reach BIR’s 2017 collection target

A TOP official of the Bureau of Internal Revenue (BIR) asked stakeholders in the region to help them achieve its collection target of P1.8 trillion this year.

BIR-Region 16 Commissioner Caesar Dulay said 80 percent of the government revenues are from its office's collection, which will also be used for various government projects.

Dulay said being able to raise sufficient revenues can help government implement its programs and projects especially in Mindanao, where President Rodrigo Duterte plans to invest massive infrastructure in the coming years, one of which is the Mindanao Railway System.

In 2016, BIR missed its P1.620 trillion goal as it only collected P1.575 or 97 percent of the target in 2016.

But in the case of BIR-16, the region has surpassed the P6-billion target as it collected a total of P7.1 billion tax revenue last year.

BIR-16 covers the provinces of Bukidnon, Camiguin, Misamis Occidental, Misamis Oriental, Lanao del Norte, and Lanao del Sur.

Revenue District Officer Venerando Homez said they aim to hit another P6.8-billion target this year.

Valendez explained that the target is lower because of the taxpayer segmentation program of the BIR.

The program, adapted this year, subdivides the categories of taxpayers, small, medium, and large- and designates specific offices that will oversee taxpayer compliance to further expand the tax base.

Meanwhile, medium taxpayers will be designated to the regional directors and small taxpayers will be assigned to revenue district officers.