BoholAnalysis

Very recently, business tax collection system in the municipality of Panglao has drastically changed that resort owners, maybe accustomed to a subjective tax assessment processes, reacted strongly.   The basis of the reaction is simple – tax assessments have significantly increased the amount of tax that they will have to pay, when compared to previous years - and like every taxpayer who is assessed a higher amount of tax, businessmen complained, alleging that the tax base is highly irregular and the system anomalous. The municipal government of Panglao implemented this year the Enhanced Tax Revenue Assessment and Collection System (E-TRACS), a system that automates the assessment and collection of taxes and puts subjective assessments aside and makes tax payment negotiations a thing of the past.   A primary highlight of the system is the elimination of subjective tax assessments because certain parameters are used, and in this case, the most objectionable to businessmen, the u