Purisima: BIR should focus on rich taxpayers

The tax bureau should look into the creation of a unit focused on high net worth individuals, a Cabinet official said, given the need to improve the government’s revenues.

“The high net worth individual taxpayers (HNIT) are still lagging behind in terms of nation-building, in terms of paying taxes. My proposal is for the BIR (Bureau of Internal Revenue) to create a high net worth large taxpayer group,” Finance Secretary Cesar Purisima said on Monday.