Iloilo’s tax collection increases by P49M in 1Q


ILOILO – The real property tax collection of this province increased significantly following the implementation of tax amnesty, records from the Provincial Treasurer’s Office (PTO) showed.

From January to March, Local Revenue Collection Officer 1 Maria Gene Alison revealed that real property tax collection rose by P49,081,973.01 this year compared to the same period last year.

PTO collected a total of P162,916,789.46 real property tax in the first quarter of 2014 while P113,834,816.45 in 2013’.

Earlier, the province is targeting to reap P338,690,727.48 in real property tax by the end of the year as a result of the amnesty.

The information drive on tax amnesty is also ongoing in 43 municipalities and one component city of Iloilo to encourage delinquent tax payers to pay their arrears.

“We are urging the public to pay their taxes as early as possible to avoid serpentine queue during rush hours. Paying early and on time is for their convenience,” Alison said.

The tax amnesty provided by Sangguniang Panlalawigan Resolution No. 2013-349 will last only until December 31, 2014. #2014News

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s