Oct 23, 2001, 12:01 AM
News Code: 9032749
0 Persons
for revenues tax in million 24.50 dlrs posts SBMA Philippines' Jan-Sept Metropolitan Bay --Subic Pulse Asia IRNA-- 23, Oct Freeport, Bay Subic in (million 24.50 dlrs) pounds billion 6.2 earned (SBMA) Authority the all topping year, the of nine-months first the during revenues .country the in zones economic other collection combined the that said Payumo .C Felicito Chairman SBMA the and (BoC) Customs of Bureau the by posted here taxes and duties in pounds 2,589,790,627 reached (BIR) Revenue Internal of Bureau .pounds 1,631,911,466 of collection month nine year's last increasing from income pounds billion 2.1 of target its exceeded BoC The 2 outstanding an to goods imported of taxes and duties of payment .year this September to January from revenues pounds billion its confidence expressed Bibit Billy collector district Customs peak the during to up go further would taxes and duties on collection .quarter last this business importation the of season of because importation for place ideal an remains Freeport Subic" We .operations port on system improved an with location strategic its .said Bibit "rise, to continue will figures the that feel bigger reported also Baynosa Pepito Officer District Revenue BIR million 135 by exceeding performance collection tax its in profits nine-month same the from pounds million 450 year's last from pounds .pounds million 585 to earnings year's this period million 143 includes collection increase the that added Baynosa taxes corporate cent per five the the from derived revenues pounds .freeport the inside companies existing 386 about by shared tax total the of cent per 80 than more that noted Baynosa of tax withholding the from derived were BIR the of collections employment new 44,000 than more reached that workers Freeport .administration Payumo the under created opportunities the of months nine in collections tax high that explained Baynosa by imposed system collection efficient the to attributed be could year the of system management financial well-organized and office his .SBMA of department finance AA/RR End