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BIR-CAR surpasses 2021 revenue collection goal

BAGUIO CITY (PIA) - - The Bureau of Internal Revenue – Cordillera Administrative Region has surpassed its revenue collection goal for 2021 amidst the COVID-19 pandemic.


The 2021 revenue collection reached P5, 999,974,326.42, surpassing the   target of around P5.53 billion by over P470.30 million, which is  almost 10 percent of the  annual goal for the year.  This is also higher  by 16.33 percent or by around P797.62 million compared to 2020 revenue collection.


Income tax with almost P3.7B topped the 2021 revenue collections, followed by Value Added Tax with around P1.48B, Percentage tax at almost P376.05 million, other taxes at around P435.84M and excise tax at P11.03M.


Baguio City Revenue District collected the bulk with almost P2.94M or 48.93% of total revenue collection in the Cordillera region in 2021.


“For the collection performance of BIR-Cordillera, I am very proud to announce that BIR-CAR is obe of the Top 10 nationwide in achieving or collection target, ” BIR – CAR Regional Director Douglas Rufino said during  Kapihan media forum here in May 18.

BIR - CAR Regional Director Douglas Rufino calls for patriotism in this time of pandemic by paying the correct taxes and help the country recovers towards a better new normal. (CCD/PIA CAR)

Rufino also reported that  for this  year, the BIR – CAR is on track of achieving its P7.1 billion goal with revenue collection from January to April already reaching almost P2.39B.


The COVID – 19 pandemic surely affected some businesses with some shutting down but there were  also new  businesses that were established  during the pandemic. With the lowering of restriction and full opening of local travels like here in Baguio City,   businesses especially in the tourism industry such as hotel and food enterprises   are already on the road to recovery, he noted.


He reiterated  the  importance of  tax compliance  as he also called on  online sellers to  register their business.

 “Paying taxes promptly and correctly is the highest form of patriotism in this trying time”, Rufino said.


Also in the  the forum were Assistant Regional Director Lorna Binarao, Baguio City Revenue District Officer Wilfredo Reyes and division heads  of BIR - CAR Finance, Administrative and Human Resource Management, Collection, Assessment, Revenue Investigation and Legal  who  provided  specific reports and answer media concerns related to their respective offices. (JDP/CCD-PIA CAR)

BIR - CAR Legal Division chief Atty. Jesusa Jamon talks about the criminal liability on non - filing of taxes and under declaration of inclome. (CCD/PIA CAR)
BIR - CAR Assessment Division Chief Atty. Jinky Joar Fianza outlines the importance of registering businesses, even those in the online platform, and the issuance of official receipt both for the buyer and sellers. (CCD/PIA CAR)

About the Author

Carlito Dar

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CAR

Information Officer II at PIA Cordillera

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