• Sept. tax collections up 20 %


    The Bureau of Internal Revenue (BIR) announced on Friday that tax revenues for September totaled to P86 billion—20 percent, or P15 billion higher than the collections in the same month last year.

    “This is the second month in a row that the BIR collections grew by more than 20 percent,” the BIR said, referring to the increase of tax revenues in August by 22 percent, despite missing its collection goal for that month.

    Taxes from bureau operations had the highest share in the total tax collections, amounting to P81.8 billion which is 20.8 percent higher than September of last year, while collections from non-BIR operations amounted to P4.3 billion, which is 28.4 percent more than the same period last year.

    On the other hand, collections from regional offices totaled to P32.8 billion, “P7.4 billion, or 29.2 percent more than the collections made in September 2012,” according to the BIR.

    The bureau’s national offices collections by its large taxpayers service equaled to P48.9 billion, which is 20.8 percent, or P6.6 billion higher than last year.

    The BIR under the current administration is ramping up and intensifying tax collections, as well as getting tax evaders red handed to increase tax revenues that will be poured into the national budget focused more on infrastructure, health and education.


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