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Unformatted text preview: but also assist the City to
estimate gross receipts based on the BIR income tax proceeds. e StrategicManagement & Enforcement: The coordination with the barangay is crucial for
effective administration of the tax. Division of areas for supervision could help maximize
coverage and cost saving in the collection of tax. The department could improve record
keeping for better management and establish targets on number of delinquent owners
and estimated revenue owed. Spot checks and auditing can be incorporated as effective
deterrents for tax avoidance. Unless penalties are a substantial percentage of the taxable
amount and stringently enforced, attitudes would not be changed. e Training: Collectors and Inspectors should be trained to analyze accounts and balance
sheets of business enterprises. Long Term
* Estimating Tax Revenue: A sectoral analysis of the business tax base would provide a better
sense of the role of various sectors in the City, and it would also aid in estimating gross
receipts for each kind of establishment and the elasticity of the tax base. e Rate Structure: The city should look into the regressive tax structure and its
effect/distortions on the taxpayers and the revenue yiel...
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This document was uploaded on 01/27/2014.
- Winter '13