The Sand, Gravel and Mining (SGM) tax collection of the province from January to May this year now totaled P 8,042,267.36, the Provincial Environment Management Office (PEMO) reported.
The increase was due to the latest collection for the month of May of P1,537,170.00, which was added to the 4-month aggregate collection of P6,505,097.37.
Basing from the 5-month collection, the SGM tax collection now has a monthly average collection of P1,608,453.47, which is higher than last year’s monthly average of P1,561,924.40.
PEMO was able to collect P18,743,092.83 SGM Tax for 2016, the highest since the creation of the office in 2007, but basing from the trend, it might surpass its 2016 SGM tax collection this year.
Provincial Imposition include Sand and Gravel, Mining Tax, Small-Scale Mining Fee, Ore Transport Fee, Occupational Mining Tax, Verification Fee (Sand and Gravel), Filing Fee, Governor’s Permit Fee, Processing Fee, Fines/Penalties/Surcharges, Miscellaneous/Delivery Receipts and imposition based on PD 1856.