BIR-11 eyes P20.2-B collection in 2016

DAVAO CITY (MindaNews/15 March) — The Bureau of Internal Revenue (BIR) in Davao Region is eyeing to collect P20.20 billion in taxes for 2016, a target which is 53.72-percent higher than its P13.14-billion collection last year.

BIR assistant regional director Gerry O. Dumayag told reporters in Kapehan sa Dabaw at SM City that they are confident of hitting to hit the target with the adoption of online filing of income tax returns through the eFiling and Payment System (eFPS) and eBIR forms.

Those who pay through eFPS are the top 5,000 individual taxpayers, top 20,000 private corporations, enterprises enjoying fiscal incentives, and corporations while the eBIRforms is for accredited tax agents, one-time transaction taxpayers, and local government units except barangays.

It takes around 10 minutes to pay online, Dumayag said, adding the bureau is hoping to increase the compliance of tax payers and attain the 2016 target.

Nationwide, BIR’s collection target is P2 trillion in 2016. Last year, it collected P1.6 trillion.

Dumayag said they have strengthened the bureau’s campaigns against delinquent tax payers through Run After the Tax Evaders, Oplan Kandado, and Tax Compliance Verification Drive (TCVD) for high net worth individuals.

With the TCVD, he said the bureau will try to investigate individuals who have questionable assets and net worth.

“For example, when you buy a lot or a car but your income shows you are not capable of paying, we will ask them where they get the money,” he said.

Last March 2, BIR-Davao’s Oplan Kandado closed down six establishments in the city for violating Republic Act 8424, or the Tax Reform Act of 1997.

Dumayag encouraged taxpayers to pay before March 30, 2016, although the deadline is on April 15, 2016, to prevent technical glitches on the bureau’s website caused by congestion when several users file at the same time. (Antonio L. Colina IV/MindaNews)