The continuing Tax Compliance Verification Drive of the Bureau of Internal Revenue Region 12 resulted in improved tax collections with statistics from January to August showing the agency exceeding its goal by 12.25 percent.

BIR Region 12, covering Negros Island and Siquijor, collected P2,142,128,186.44 in the first eight months of 2005. Its goal is only P1,908,317,292.67.

Norma Bayoneta, head of Taxpayers' Assistance Unit, yesterday told the DAILY STAR the TCVD, which involves taxmapping or monitoring operations, has largely helped in increasing tax collections because taxpayers have now become more informed and educated of their tax obligations.

Mayor's decision
on CRRA out today

Bacolod Mayor Evelio Leonardia will announce his decision on the Comprehensive Revised Reclamation Agreement case during the executive-legislative caucus today at the Business Inn in Bacolod City.

This was disclosed yesterday by Secretary to the Mayor Roger Balo, who said the Mayor wants to get feedback from the reaction of the Sangguniang Panlungsod members.

The decision will involve the results of the review of the CRRA which covers the contract of the city with the Bacolod Real Estate Development Corp.

San Carlos may become top
source of energy in Negros

San Carlos City in northern Negros Occidental may soon become the principal power source for the province and, possibly, event the entire Negros Island, reports said.

There is the San Carlos Wind Power Corp., owned by the Filipino Smith Bell Group of Companies and Global Renewable Energy Partners of Denmark, which is developing a 30-megawatt wind farm project.

Then, there is the San Carlos Bioethanol Corp. plant that will sell its co-generated excess power to the National Power Corp., which is also a partner in the ethanol fuel project, the reports also said.

back to top