BIR missed collection target for 2012
By Ronnel Domingo
The Bureau of Internal Revenue collected P1.058 trillion in 2012, missing its target by P8 billion.

The Bureau of Internal Revenue collected P1.058 trillion in 2012, missing its target by P8 billion.
The Bureau of Internal Revenue aims to collect P102.4 billion in excise taxes this year and boost total revenue collection for the year to P1.25 trillion.

The Bureau of Internal Revenue collected P71 billion in September, falling short of its monthly target for the third month in a row but growing at a double-digit rate from a year ago for the seventh month this year.

The Bureau of Internal Revenue collected P75.2 billion in March, falling short of its target after a good showing in the first two months of the year.