Aklan to hit billion peso mark on tax collection

BORACAY ISLAND- The province of Aklan will soon be hitting the one billion peso mark in terms of tax collection, according to the Bureau of Internal Revenue (BIR).
Revenue District Officer (RDO) Ricardo Osorio said that as of September alone they had already reached the tax targeted collection of P914 million.
"We still have three months of more aggressive tax collection so we are confident that we would be able to attain the 'billionaire province' status," Osorio said.
The booming tourism industry in this resort island reportedly contributes to the positive tax collection of the BIR.
"As a matter of fact, we already had a surplus of P20 million since right now we had collected P935 million," he added.
A report said that a single transaction of a real estate company in this resort island boosted the BIR's collection after it immediately paid P76 million in government taxes.
"I thank the cooperation of our BIR team and of the tax payers in the province," he said.