How about incentives for honest taxpayers?
Regarding the report “BIR admits expecting shortfall of P150B in collection target’ (11/26/19), one must ask: Why is tax collection a perennial problem for the Bureau of Internal Revenue?
The government has procedures and processesâ€”but no control over receipts, which can be printed by bulk from any printer. So many receipts can be left unused or discarded, making it easy for a company to hide earnings.
Only 30-35 percent of taxes are collected annually, because there is no incentive for the taxpayer to participate in governmeno policy.
Perhaps the time has come to try a “unified receipt system,” with receipts originating from one source and thus can be monitored more easily.
Those same receipts can be used as entries in a raffle to provide incentives to honest taxpayers.
Another way would be to give rebates to individuals who report those who commit tax evasion.
Pasong Putik, Quezon City
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