CALASIAO, Pangasinan, April 12 (PIA) — The Bureau of Internal Revenue in the Ilocos has reminded tax payers to file their income tax returns (ITR) and pay proper income taxes on or before the April 15 deadline.
The BIR will not extend the deadline for filing ITRs like what it did in previous years.
Regional Director Arnel Guballa said that the government needs revenues to complete public programs and projects and improve existing public facilities.
“Wala namang ibang pagkukunan ng pondo kaya dapat lang na magbayad tayo ng tamang buwis para umusad ang pamamahalaan (There is no other source of public funds that is why we need to pay proper taxes for the government to operate),” Guballa said in a press conference on Friday.
Guballa said that the BIR aims to improve the voluntary compliance of professionals like doctors, lawyers, and self-employed individuals in paying correct taxes by strictly implementing tax rules.
“It is the policy of the Department of Finance to go after professionals who do not pay proper and correct taxes,” he said.
Guballa encouraged tax payers to pay income taxes before April 15, the last day of filing or they will be slapped with a 25 percent surcharge on their basic tax plus 20 percent interest.
In 2012, the BIR Regional Revenue Office No. I posted the highest growth rate of 16 percent with a P7.2 billion collection or P1 billion higher than the collection in 2011.
This year, the BIR Ilocos targets to collect P9 billion from the region. (MCA/VHS/PIA-1Pangasinan)#