PH revenue, tax effort still on track – DOF

The government is still on track in meeting its target for tax and revenue effort this year, the Department of Finance (DOF) said on Wednesday.

“We are still on track to meet our goals for the tax effort and revenue effort, especially given our high first-quarter growth. We note that in the past, tax effort has gotten a significant boost from the first quarter of the year to the second, and we anticipate the same given our very successful tax collections in April this year,” Finance Secretary Cesar Purisima said.