• BIR falls short of tax take

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    The Bureau of Internal Revenue (BIR) collected P1.217 billion in taxes last year, or 2.95-percent short of its target.

    In a statement, the BIR disclosed that it collected a total of P1.217 trillion last year, which was short by P37.04 billion of the P1.253-trillion target.

    “For 2013, the BIR collected P1.217 trillion in tax revenues, P158.72 billion, or 15 percent more than collections made for 2012. [This is] P37.04 billion, or 2.95 percent less than the collection target for the year 2013,” the bureau said.

    Collections from BIR operations amounted to P1.179 billion, 2.2-percent below the 2013 target but a 15.9-percent improvement from collections recorded in 2012.

    For non-BIR operations, the bureau collected a total of P37.99 billion, which is 21.1-percent short of the 2013 target. Though it did not meet the target for last year, the BIR said that its collection from non-bureau operations was P3 billion, or 7.2 percent more than collections in 2012.

    Meanwhile, December collections exceeded targets and year-ago levels with P93.6 billion collected in 2013 which is 9.1 percent, or P8.1 billion more than collections in December 2012, and 6.4 percent, or P5.8 billion more than the target for the month.

    For December, the BIR said that collections from its operations amounted to P94.1 billion, which is P8.3 billion, or 9.6 percent more than collections made in December 2012.

    “This is also P6 billion, or 6.8 percent more than the collection target for December 2013,” the BIR said.

    For December non-BIR operations, the bureau collected P2.6 billion, which is short of both the targets and year-ago figures.

    “[This is] P194.7 million, or 7.1 percent less than collections made in December of 2012 or P131.6 million, or 4.9 percent less than the collection target for non-BIR operations for the said month,” the bureau said.

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    1 Comment

    1. Grabe itong BIR, tingnan mo parang napakahigpit mag buwis sa mga high profile personality pero ala rin pala, short pa rin.