South Cotabato’s Sand, Gravel and Mining (SGM) tax collection has reached an all-time high of P18.743,092.83 in 2016, the Provincial Environment Management Office (PEMO) reported.
Last year’s SGM tax collection was the highest since the creation of PEMO in 2007, surpassing that of 2015 which only generated P14,372,192.53.
The highest SGM tax revenue before 2016 was made in 2012, when the province’s collected P15,790,315.30.
But it slide down to P12,151,254.00 in 2013 and P10,909,435.01 in 2014, but recovered back in 2015.
PEMO likewise reported that the province’s share in this year’s SGM Tax Collection amounted to P7,578,246.28.
The SGM Provincial Imposition include Sand and Gravel Tax, Mining Tax, Mining Permit Fee, Ore Transport Fee, Occupational Mining Tax, Verification Fee, Filing Fee, Permit Fee, Projection Fee, Processing Fee, Fines/Penalties/Surcharges and Miscellaneous or Delivery Receipts, among others.
Minahang Bayanihan, conceptualized by PEMO chief Siegfred Flaviano and a Galing Pook Awardee in 2015, was instrumental in the success of the small-scale mining industry of the province.