The Bureau of Internal Revenue (BIR) collected more than P2 trillion in taxes from January to July, exceeding its collection target for the first seven months of the year.
In a Malacañang press briefing, Presidential Communications Office (PCO) Press Officer Claire Castro said the BIR collected P2.013 trillion during the period, or P13.53 billion above its target.
The amount was also P102.6 billion higher than the BIR’s collection during the same period last year.
Castro said the higher collection was in line with President Ferdinand R. Marcos Jr.’s directive to strengthen tax collection and ensure that government revenues are translated into services for Filipinos.
“Alinsunod ito sa direktiba ni Pangulong Ferdinand R. Marcos Jr. na gawing mas accessible ang mga serbisyo ng gobyerno sa lahat ng taxpayers,” Castro said.
She said the BIR’s improved performance was part of its five-point reform agenda, which includes streamlining tax rules and processes, expanding digital services and improving assistance to taxpayers.
The agency also strengthened audit safeguards and stepped up enforcement of tax laws to address deliberate non-compliance and ensure that taxpayers pay the correct amount of taxes.
“Sa ilalim ng five-point reform agenda ng BIR, pinahusay ng kawanihan ang kanilang tax rules and processes, pinalawak ang digital services, at pinahusay ang assistance to taxpayers. Pinahusay din ng BIR ang kanilang audit safeguards at pinaigting ang pagpapatupad ng tax laws upang labanan ang deliberate non-compliance sa pagbabayad ng tamang buwis,” Castro added.IMT
