Latest Stories

BIR collected P88.76B in June, 11.7% off target


The government missed its tax collection target for June amid an across-the-board slowdown in collections from small and large taxpayers, the Bureau of Internal Revenue (BIR) said Monday.

The state tax agency likewise said revenue from non-BIR operations, or taxes collected from the issuance of government securities, fell 16.4 percent in the first half.

For the month of June, the BIR collected P88.76 billion in taxes, P7.42 billion or 9.12 percent more than collections made in June 2012. The growth was slower than the 18.35-percent increase recorded the month before.

As a result, the BIR’s collections missed the P100.5-billion collection target for the month by 11.7 percent.

Collections by the regional offices amounted to P31.53 billion, some P3.5 billion or 12.48 percent more than the collections made in June 2012. Meanwhile, collections by the BIR’s Large Taxpayers Service amounted to P54.75 billion, or P3.87 billion (7.61 percent) higher than the collections made a year ago.

Collections by the BIR of excise taxes on so-called sin products for the first semester of 2013 amounted to P38.54 billion, P12.15 billion or 46.06 percent more than the collections made in the first six months of 2012.

Excise tax collection from tobacco products amounted to P22.38 billion, an increase of P7.77 billion or 53.14 percent. Excise tax collection from alcohol products amounted to P16.16 billion, also up by P4.39 billion or 37.27 percent.

The BIR, which is the government’s main revenue-generating agency, is tasked to collect P1.25 trillion in taxes this year, up 17.59 percent from the 2012 performance.

This takes into account the P34 billion in additional revenues from higher taxes on alcohol and tobacco products that took effect this year. The BIR’s 2013 goal is based on a gross domestic product (GDP) growth forecast of 6 percent for the year.

Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter

Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: BIR , Business , tax collection

  • spitfire

    Is this news?

    Sanay na si Juan dela Cruz dito. BIR and it’s twin collection body BOC are perpetual failures since PNoy sat on his throne. Thjis is what they perpetually flaunted as “sound fundamentals.”

Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


  • Cardinal Tagle: Start new life with true peace
  • ‘Dry spell’ delayed, thanks to busted valve
  • At 77, Erap has Easter treat for Manila cops but keeps City Hall folk in agony
  • Joy Belmonte defends council, waste-to-energy tech
  • House bill seeks special body to manage, protect Manila Bay
  • Sports

  • Pacquiao top Mayweather contender
  • Rain or Shine, Ginebra clash for No. 6 spot
  • Ateneo eyes quarterfinal spot vs Benilde
  • Style contrast marks OneFC ‘Rise of Heroes’
  • ‘Pacquiao a great ambassador for basketball’
  • Lifestyle

  • Levine designs womenswear with help from fiancee
  • Gabriel Garcia Marquez, Nobel laureate, dies at 87
  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • Entertainment

  • Why ‘Noah’ can’t dock his ark at Philippine theaters
  • Acclaimed artist goes wild while on holiday
  • Believing in this mermaid
  • Missing Xian
  • Awarded TV couple brings Jesus’ life to the big screen
  • Business

  • Top-selling insurance agent opens her dream café
  • Connecting and transacting with one another
  • Building wealth for health
  • Why Mandaue Foam buys, rather than rents, space
  • A workplace of new possibilities
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Opinion

  • Epiphany
  • Unpaid creditor vs distressed debtor
  • Moving on
  • From culinary desert to paradise
  • Response to China: ‘Usjaphil’
  • Global Nation

  • Cesar Chavez movie sparks memories of Fil-Am labor leaders
  • Filipinos in US poised for success
  • Visas for priests and other faith leaders
  • DOH to continue tracking co-passengers of OFW infected with MERS virus
  • 5 Filipinos with MERS in UAE reported in stable condition
  • Marketplace