The Bureau of Internal Revenue (BIR) surpassed its collection target for the first two months of 2026, generating P530.055 billion in net revenue through intensified tax administration and enforcement.
The agency said Friday the figure exceeded its internal goal of P527.775 billion by P2.280 billion, net of tax refunds. The collections went up 2.97 percent from P514.748 billion recorded in the same period in 2025.
“The bureau’s early 2026 performance shows a 2.97 percent year-over-year increase in net collections, reflecting steady improvements from intensified tax administration, stronger enforcement efforts and ongoing measures to boost taxpayer compliance nationwide,” the agency said in a statement.
The BIR reported that the P15.307 billion year-on-year growth remains on track despite global economic headwinds. Officials said they remain committed to sustaining revenue growth to meet full-year targets while maintaining a balanced approach to taxpayer rights.
“The bureau continues to pursue its mandate through a balanced and people-centered approach—raising the revenues needed to support national development while protecting taxpayers’ rights and strengthening stakeholder trust and confidence,” the agency said.
