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Two towns in Misamis Oriental are among the top revenue-generating municipalities in the country with high locally sourced income (LSI) to annual regular income (ARI) ratio.

Villanueva, Misamis Oriental (62.7%) and Tagoloan, Misamis Oriental (56.4%), placed 8th and 10th, respectively in the latest Tax Watch (2014) released by the Department of Finance for municipalities.

Read more in BusinessWorld article HERE.

image cropped from infographic from www.dof.gov.ph

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