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.
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