Legazpi posts higher tax collection under Mandanas Ruling
(PNA file photo) LEGAZPI CITY - Legazpi City has received a hefty amount of PHP278.3 million in National Tax Allotment (NTA, formerly IRA) in the first three months of 2022, or an increase of 36.86-percent compared to the amount received in 2021 under the old Internal Revenue Allotment (IRA), the City Treasurer's Office reported on Tuesday. Based on official data, the City Treasurer's Office (CTO) collected PHP203.9 million from the IRA in 2021, showing an increase of PHP74.9 million or 36.86 percent under the NTA this year. City Budget Officer Jeffrey Navarro attributed the increase t...