BIR exceeds November collection target, but still P96.8B off full-year target

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MANILA, Philippines — The Bureau of International Revenue reported collecting P110.8 billion in taxes in November, exceeding by 8 percent its target of P103 billion.

But the BIR data also showed that the January-November collections reached P969.3 billion, about P96.8 billion short of the full-year target of P1.066 trillion.

Internal Revenue Commissioner Kim Henares has reiterated in the past few months that she is confident the agency would achieve a record P1 trillion this year.

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • http://www.facebook.com/profile.php?id=100000116976333 Valdez Warren

    Considering that our government had collected P 103 billion for the month of November, the remaining P 96.8 billion balance to make it to collection target is possible especially for the month of December where domestic expenditures rises.

  • kilabot

    doctored report as usual. tell that to the smugglers. 
    don’t you have a new script, kimhenares?

    • http://pulse.yahoo.com/_JEMNLLYAP5EA7SM3A6QUOGV62Q Chris

      how did you know? puro nlng conspiracy theories at haka haka. puro nlng padududa, wla ka namng basis sabihin na doctored ang report.

      • Maykatmon

        there are people who would never be satisfied aka talangka

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