Capitol collects 309.20% hike on quarry tax

By August 20, 2023Business

THE provincial government raked in more than 300 percent increase in taxes on sand, gravel and quarry products, January to July 2023.

The Provincial Information Office released the Provincial Treasury Office’s actual collection  showing P92, 758,557.09 or 309.20 percent increase of its estimated income of P30-million for tax on sand, gravel and quarry products.

With strict implementation and monitoring, quarry revenue collection is expected to soar even higher in the next few months, it said.

Other tax collections that saw tremendous improvement were in professional tax (102.90 percent), franchise tax (144.58 percent), real property tax (transfer tax-165.49 percent), tax on delivery trucks and vans (153.98 percent), fines and penalties for property tax (188.87 per cent), and fines and penalties taxes on goods and services (1016.33 percent).

Acting Provincial Treasurer Cristy Ubando attribute the updated revenue code this year as well as the monitoring of trucks, Narciso Ramos Sports and Civic Center & Training Center collections and, rent of stalls as also sources of the province’s increase in income.

She also commended Environment and Natural Resources Office (ENRO) and Office of Provincial Veterinarian (OPVet) and the enforcers assigned at checkpoints who are strictly implementing collections on delivery trucks and vans. (Stickers with QR code are issued at checkpoints to identify trucks and vans that have paid their dues).

Currently, ENRO has 22 checkpoints with one or two enforcers for every checkpoint depending on the area, and there are 12 established and maintained animal quarantine checkpoints and 27 animal quarantine guards. Three animal checkpoints are located in the towns of Bayambang, San Fabian and Infanta.

Other income sources of the province includes Permit Fees; Clearances and Certification; Rent Income; Income from hotels and dormitories (Capitol Resort Hotel) and Miscellaneous Income (accountable forms, OPVET, testing fees, sale of seedlings from OPAG, rice production, corn production and sale of pasteurized and raw carabao milk as well as unserviceable equipment. (Eva Visperas)

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