BIR exceeds November collection target, but still P96.8B off full-year target
By Ronnel W. DomingoPhilippine Daily Inquirer
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.
Short URL: http://business.inquirer.net/?p=98529
Bureau of Internal Revenue
state budget and taxes
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