PNP remitted P3.5B in taxes to BIR in 2012 | Inquirer News
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PNP remitted P3.5B in taxes to BIR in 2012

/ 05:57 PM August 02, 2013

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MANILA, Philippines—The Philippine National Police said it remitted P3.5 billion in taxes to the Bureau of Internal Revenue, which represents individual taxes withheld by 148,000 PNP personnel in 2012.

PNP spokesman Senior Superintendent Reuben Theodore Sindac said the total tax remitted to the bureau amounted to P3,533, 437,605.58—an average of at least P23,874.57 tax per individual PNP taxpayer.

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“Withholding Tax on Compensation is the tax withheld from income payments to individuals receiving purely compensation income,” Sindac noted.

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He said individual taxes are deducted from the monthly salary of each personnel. The amount collected is then remitted to the tax collection agency every year.

Sindac, however, said that these figures do not include other additional taxes remitted or paid for by the PNP whether individually or collectively as a government agency.

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PNP quoted the BIR as saying that there were around 1.7 million self-employed professionals in the country who paid a total of P9.8 billion in taxes in 2010, or an average of P5,764.00

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TAGS: BIR, PNP‎, Police, Tax

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