Monday, January 31, 2011

January Reaction Paper

Tax collections up in Dagupan
January 30, 2011, 3:54pm
DAGUPAN CITY, Philippines — An increase of 36 percent in tax collections in this city with the help of the One Stop Business Center (OSBC) here this year, which accounted for nearly P40 million in revenue.
Local Treasury Operations Officer III Carmen Q. Olpindo said that a record high of 36% or a total of P38,431,358.84 increase in collections was noted from January 3 to 20.
OSBC’s daily transaction report revealed a collection in business permit and license fees amounting to P69,536,950.02; real property, P18,889,821.63; community tax (individual), P1,155,403.00; community tax (corporate), P1,015,755.00; and miscellaneous, P1,763,194.52.
Olpindo said the closure order against some business firms that have not paid the required business permits and renewed licenses in the past also helped boost tax collection this year. (Liezle Basa Iñigo)



REACTION: by Charlene Joy Santos

Let us give credits to the tax collectors for doing their jobs accurately. I am happy to learn that they implemented a closure order to business firms that have not paid the required business permits and renewed licenses. Because of this, firms don’t have any choice but to pay what they needed to pay. Implementing such order can indeed help the government to collect taxes for the national expenditures.

Hope this event result to a higher possibility that proper amount of taxes will be collected nationwide. That the government will remain accountable on their duties and may they effectively control the collection of taxes not only in Dagupan but also on other cities of the country. And hope that Filipinos will also cooperate and do their responsibilities as tax payers.

1 comment:

  1. GREAT JOB!

    Your thoughts are nice, however, I would want you to add personal reactions about its impact on you. What happens to you if business owners fail to pay tax to the government?..etc

    I'm glad that you created this originally. Carry on!=D

    score:22/25

    ReplyDelete