Provinces' relative income tax standings

Title

Language

English

Source

The American Chamber of Commerce Journal Volume XIII (No. 7) July 1933

Year

1933

Rights

In Copyright - Educational Use Permitted

Fulltext

July, 1933 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 11 Provinces’ Relative Income Tax Standings The accompanying table of income taxes for 1932 shows more than % of income taxes in the islands to be assessed in Manila. The total assessment for the 49 provinces and for Manila comes to P4,255,491.08, and only 5 provinces besides Manila* are assessed more than 1% of the tax. These 5 provinces, Occidental Negros, Pampanga, Iloilo, Cebu and Laguna all domicile sugar industries and sugar mills. In Occidental Negros where the sugar industry is the most im portant branch of farming and manufacturing by long odds, the tax on corporations, which will be the milling corporations chiefly, exceeds that on individuals by ?60,000. The minimum tax is 3% of the taxable income. Occidental Negros has a gross income of about 1*50,000,000 a year from sugar; that is, it has more than 600,000 metric tons of sugar a year. This works out in a very small amount of income tax. Yet Pampanga, next richest sugar province, is next below Negros in the income tax list; it is evident that for income tax sugar is the best farm industry the is lands have. It is not so evident, but is it not true, that the volume of this tax is in at least a loose ratio with the capitalization of factory industries in the various provinces? Factories keep books and report their in comes in a formal way that is readily checked up by revenue agents. Davao, for example, is 7th°in the list. This very sparsely settled and generally back ward province has a well organized fiber in dustry around its gulf lands, with fiber agen cies and presses at central points -such as the port of Davao. This formalization of what business Davao has must help place it in the income tax list above such prov inces as Tarlac, for example, quite pop ulous and generally cul tivated. But Davao TOTAL TAXES ASSESSED ON INDIVIDUAL AND CORPORATION RETURNS FILED DURING 1932, BY PROVINCES 100.000 Province Individual Corporation and Partnership Total Manila......................... P2,001,710.02 Pl,255,757.08 P3,257,467.10 Occidental Negros.. 135,949.39 195,652.57 331,601.96 Pampanga................... 76,835.36 91,555.11 168,390.47 Iloilo.. .7..................... 96,338.15 23,366.97 119,705.12 Cebu............................. 37,366.20 25,104.47 62,470.67 Laguna......................... 10,303.62 35,081.28 45,384.90 Davao.......................... 18,099.59 21,213.72 39,313.31 Zamboanga................. 17,992.49 11,246.54 29,239.03 Rizal............................. 23,053.18 . 5,049.85 28,103.03 Tarlac.......................... 12,507.57 7,115.22 19,622.79 Oriental Negros......... 14,951.49 1,432.07 16,383.56 Batangas..................... 2,528.59 12,893.99 15,422.58 Mountain Province.. 11,032.29 2,548.25 13,580.54 Camarines Sur........... 4,423.29 8,883.89 13,307.18 Cagayan...................... 3,974.81 5,447.42 9,422.23 Bulacan....................... 7,434.24 1,294.68 8,728.92 5,801.50 2,422.83 8,224.33 Pangasinan................. 5,241.93 2,641.96 7,883.89 Nueva Ecija............... 6,526.97 545.64 7,072.61 Albay........................... 4,591.62 1,593.47 6,185.09 Bataan......................... 4,462.82 466.72 4,929.54 Tayabas....................... 3,457.16 1,091.08 4,548.24 Oriental Misamis....... 2,861.85 1,620.08 4,481.93 Cotabato..................... 1,600.59 2,435.41 4,036.00 Cavite.......................... Capiz........................... Isabela......................... 983.07 2,492.64 3,475.71 2,224.67 1,214.29 3,438.96 2,226.15 625.99 2,852.14 Lanao........................... 1,874.49 809.61 2,684.10 1,588.15 893.55 2,481.70 La Union.................... 1,800.26 163.27 1,963.53 Sorsogon...................... 1,690.58 144.54 1,835.12 Palawan....................... 1,271.80 1,271.80 Occidental Misamis... 24.81 1,203.43 1,228.24 Surigao......................... 1,046.51 162.32 1,208.83 Ilocos Sur................... 625.70 421.36 1,047.06 Bohol ......................... 462.56 536.40 998.96 Masbate....................... 320.84 579.06 899.90 Sulu............................. 296.48 542.72 839.20 Agusan......................... 230.49 586.89 817.38 Mindoro....................... 571.16 108.40 679.56 Camarines Norte........ 219.51 331.10 550.61 Romblon..................... 153.64 340.72 494.36 Nueva Vizcaya........... 320.32 .87 321.19 Zambales..................... 201.77 96.92 298.69 Ilocos Norte............... 177.18 88.37 265.55 Bukidnon..................... 207.77 207.77 Marinduque................ 51.17 63.68 63.68 Antique....................... Bnf.nnPR .............. 8.25 8^25 Abra............................. 2.60 2.60 Total............ P2,526,342.00 Pl,729,149.08 P4,255,491.08 Per cent of each province There arc fewer than 7,000 income trx payers in the Philippines is also above Rizal, a thriving province heavily populated, at the doors of Manila. A special reason here is that people declare their income taxes where it is most convenient to do so, and many residents of Rizal may declare in Manila; and while this also affects provinces as far away as Tarlac, it hardly accounts in itself for Tarlac paying less income tax than Davao or Zamboanga. Seeing Mountain Province below Batangas, it is realized that incomes made in mining in Mountain Province are declar ed in Manila. Many apparent anomalies in the list fail of obvious explanation. Abra is taxed only F2.60, even Batanes pays a little more than this, F8.25. Some leading men in public life hail from Abra. The rice industry yields little income tax, not F9,000 each from Pangasinan, Bulakan, and NuevaEcija. Hard hit as Leyte hemp and copra industries have been, drastically affect ing the transportation industry there, even this province shows al most as much income tax as Bulakan. Near ness to Manila helps explain Cavite’s low income tax assessment, 1*3,438.96; but dis tance from ’ Manila is not an unvarying fac tor in this study. Cotabato, with re markably few planta tions, few roads and small development of any kind, and lying in the south of Min danao very remote from Manila and enjoying the most limited advantages from public works and other general appro priations, brackets in the income tax list with Oriental Misamis. Provinces where less than Fl,000 income tax each is assessed are widely dispersed: Bo hol, Masbate, Sulu, Agusan, Mindoro, Camarines Norte, Romblon, Nueva Vizcaya, Zambales, Ilocos Nor te, Bukidnon, Marinduque, Antique, Bata nes, Abra, nearly 1/3 of all the provinces of the islands.

Media