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n *,auv, october ro 20r, BUSineSSlVfiffOf

Lawmaiier eyes replacirg BIR

with new Revenue Authority 'Atioy" said-a'persisten:t' deficitl one of these is ihe rigid personnel
HE HOUSe COmmittee On'WayS ;;;-;il;;;'*.
crJ"s'do.,bt witirin thelies*tl -.""s";";;

and Mean, i, ,,o*riiri;iilit

*i'.,"fi;:'f,',"'liTi:i;il'JlJ:;: ::"JJ,?:1iJil11"?ffi':l;J1
proposal of replacing ttie Blreau qf 'H':Xlffi;""1'.'li';".o'*o* fllilili1";i;il'.X11ii,-"iff':J.".T:
t"i"r"il R'evenue (Bq) *.iti
National *;""t1{*:*;X:H;}H:iT:-;t1""*;:l;n1,lli:j{:
t1,".
Revenue Authority, a leader of the lo.wer ;:i:ki:n:,?::f:*:':11::" t+;,;i':f..';"rri.",-.."p,..
maticallyreducethenationalgovernline-itembudgetingthatlimitsthe
House Committee on Ways and mFnt's deficit.'One way is to cut on flexibility in the allocation offunds."
- The Revenue Authority shall also
Means Chairman Jose Maria'S. 5^l- be reqponsible for the implementa-, Public ex_pen4itures," Arroyo further Underthebill, the Authority shall
ceda said this proposal seeks to ad- tion of inter nal revenue I aws an d wr6te. "However, this r uns counter to exercise the powers and duties exer-
dress the public dissatisfactlon o' shallbe attached to the Department the nee9 f9t more public investments cisedbytheNational InternalRevenue
the r:evenue-generating agencies Financd. - Pa-rticularly on health, education and Code of 1997 and other law.
o6 of by profession I
" ^-^-.

and Speaker Gloria Macapagal -t

proposed Nitio.t"l R"rr"rr.," ar,tho.- in the BIR. about 80 percent oftotal tax collection. of the Department-
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"iri." '.iar, different

.o*i"-
the governrnent taining to revpnue rulings, audit .r,d added tbat at least three 6,rn- Exchange Co-"r;; regulations,,, the bill
levenug.fol _r--H" said.
collertion or the !ouu,n,n"nt. -- and budgeting. " ' shackle the BlR. ,n.,-t,, J"r, [" i"]lli
:::,,:U".Jru#;;;";;:
rominated "
.n,", o,
Ndr F,4€E r"z-S -
 exeautive of f ice; (C E0) resporuib-it
for the preparation of the follor
ing: work program, organizational
structure, annualbudget, compen-
sation package and appointment
ofrank and file employees, among
rnany others.
"The CEO shall be appointed
by the Revenue Board for a period
of three years with possible reap-
pointment under a performance-
based contract," the bill said..
The measure saidAuthorityshall
receive an annual sertice fee of not
less than 1 percent but not more
than 2 percent of total collection of
the immediate preceding year, net
of local govelnment shares.
It added selection of personnel
for the new Revenue Authority shall
be strictly based on merit and fit-
ness. An attractive separation/re-
tirement package shall be offered
to those who opt to not ioin the
Authority.
The measure also provides that
. theAuthority shall have an autho-
rized capital of P10 billion which
shallbe fullysubscribedby the Re-
public of the Philippines and shall
be paid up by the transfer to the
Authority of assets value in such
amo]Jnt. tovee Ma e ll. 0elo Ctuz

PaE 92* 2-