MONTHLY and year-to-date collection targets were exceeded in May by the Bureau of Internal Revenue (BIR), which reported netting P172.49 billion — up 8.6 percent from a year earlier.

The result bettered the month’s P166.75-billion goal and brought the five-month take to P827.91 billion, 14.7 percent higher year on year and also exceeding the P803-billion target for the period.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details