The Bureau of Internal Revenue (BIR) Region-9A CABAMIRO (Cavite, Batangas, Mindoro, Romblon) already collected ₱40.3 billion in taxes for 2024.
BIR reported that the collection reflects a cumulative 62.25 percent of its allocated collection goal this year amounting to ₱64.76 billion.
The collection of 1.89 percent is from RDO No. 35 (Romblon), 1.91 percent from RDO No. 37 (Occidental Mindoro), and 4.77 percent from RDO No. 63 (Oriental Mindoro).
During the Kapihan sa Bagong Pilipinas in Calapan City on October 8, Atty. Eric P. Diesto, OIC-Regional Director of BIR Revenue Region-9A, said that they are dedicated to exceeding the collection target through the implementation of various plans, projects, and programs.
“We are dedicated to exceeding the collection target through the implementation of various plans. One of these is the implementation of RA No. 11976 or the Ease of Paying Taxes Act and RA 11534 or the CREATE Law,” Diesto said.
Republic Act No. 11976, also known as the “Ease of Paying Taxes Act” aims to protect and safeguard the taxpayer’s rights and welfare.
“Modernized tax administration provides mechanisms that encourage proper and easy compliance, update the taxation system, and adopt best practices,” BIR said in a presentation.
Republic Act No. 11534, also known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, aims to make the Philippines more competitive in the ASEAN by lowering corporate income taxes from 25 percent to 20 percent for small, medium, and micro enterprises.
“RA 11534 is also seen as a fiscal relief for businesses still suffering from the COVID-19 pandemic,” BIR added.
Moreover, BIR officials here said that their objective is not limited to carrying out only the mission of the BIR of uplifting the lives of Filipinos but extends to ensuring the welfare of both their internal and external stakeholders and preserving the good relationship between the public servants and the tax paying public. (ALG/PIA MIMAROPA)
