The Bacolod City Treasurer's Office collection from business taxes, regulatory fees and other license fees increased by 11 percent in 2006, figures it released yesterday show.

The CTO raked in P197,406,435.30 last year up by P19,540,592.10 from the 2005 collection of P177,865,843.27. Permits and Licensing Division chief Ardis Jaculina said the city's business tax collection has been boosted by the CTO's continuing aggressive collection campaign.

She said that the innovation of the one-stop-shop business permits processing the city implemented starting last year has also contributed to better revenues from business taxes and licensing fees.

The "one-stop-shop" provides for an easier system of application for new and renewal of business permits.

Based on the CTO yearly revenue comparative report, the city's business tax collection has steadily increased for the past six years. In 2001, it raked in P130,201,368.99; 2002, P144,582,438.21; 2003, P156,157,282.02; 2004, P175,552,390.07; and 2005, P177,865,843.27.

In 2006, collection in January totaled P65,015.898.72; February, P19,636,630.47; March, P7,280,608.15; April, P22,624,942.80; May, P6,406,794.79; June, P6,167,743.36; and July, P25,002,399.89; August, P6,415,173.54; September, P5,539, 289.26; October, P23,314,974.35; November, P5,850,017.77; and December, P4,151,962.20. Meanwhile, the Permits and Licensing Division will open its one-stop processing center at the BAYS Center from January 8 to 31.

Requirements for application of business permit are: community tax certificate (single proprietorship) and community certificate number for corporations.

Additional requirements for new business applications are Securities and Exchange Commission registration and Articles of Incorporation; Department of Trade and Industry business name registration for sole proprietorship and Cooperative Development Authority registration (for cooperative);

For renewal of application are last year Mayor's Permit; Social Security System clearance, Bureau of Internal Revenue certificate of payment, and license to operate from government agencies concerned.*CGS/NLG

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