Tag: tax collections

DOF reports dive in tax, customs collections for this year amid COVID crisis

P706.85-B collected from Jan-April much lower compared to P900.33-B collected for same period last year (Eagle News) — The Department of Finance reported a dive in tax and customs collections for this year because of the COVID-19 pandemic. Both the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) reported a huge drop in collections from January to April this year, as these reached only P706.85 billion. This is P28.17 billion short of […]

Aquino lauds BIR’s performance during 111th anniversary

  (Eagle News) — President Aquino lauded the exemplary performance of the Bureau of Internal Revenue (BIR), which celebrated its 111th founding anniversary on Monday, as the bureau reports increasing yearly tax collections. In a speech delivered before the agency’s officials and employees, President Aquino noted the BIR’s no-nonsense enforcement of tax laws and its steadfast implementation of priority programs to boost tax collection under the leadership of Commissioner Kim Jacinto-Henares. “Dahil sa mabuting pamamahala, […]