Sunday, May 3, 2026
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Tag: tax collection

Mendoza named new BIR chief to replace Lumagui

President Ferdinand Marcos Jr. has named Department of Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR),...

Gov’t revenue collection to reach P7 trillion by 2030, says Recto

The Philippine government's revenue collections are on track to reach P7 trillion by 2030, led by aggressive tax collection efforts and new fiscal reforms,...

BIR tax collection rose 14% to P1.55 trillion, topped first-half target

MANILA, Philippines—The Bureau of Internal Revenue (BIR) said Friday it surpassed its collection targets for both June and the first half of 2025. BIR Commissioner...

Recto urges BIR to boost daily tax collection to P8.6 billion

The Department of Finance urged the Bureau of Internal Revenue (BIR) to collect an average of P8.60 billion in taxes to support the government's...

Higher July tax collection cut budget deficit to P28.8b

The national government’s budget deficit went down by 39.67 percent in July 2024 to P28.8 billion from a year ago on the back of...

Gov’t data sharing to boost tax collection, says Recto

Finance Secretary Ralph Recto said Wednesday a new system for sharing data between government agencies will lead to more efficient tax collection. The Securities and...

E-cigarette group backs tax effort

The Philippine E-Cigarette Industry Association (PECIA) is throwing its support to the Department of Finance’s efforts to boost tax collection and crack down on...

Customs collected P75.3b in November to top target

The Bureau of Customs (BOC) said Wednesday it surpassed its target for November 2023, driven by improved efficiency in tax collection. Customs Commissioner Bienvenido Rubio...

Strong tax collection cut October budget deficit

The government’s budget deficit went down by 65.27 percent in October to P34.4 billion from P99.1 billion a year ago on double-digit growth in...

BIR’s tax collection jumped 47% in October 2023

The Bureau of Internal Revenue (BIR) said it collected P274.429 billion (net of tax refund) in October 2023, surpassing its target by 8.57 percent...

BIR topped July tax collection target by 5%

The Bureau of Internal Revenue said Tuesday it collected P273.134 billion (net of tax refund) in July 2023, surpassing its target for the month...

BIR’s tax collection grew by a tenth to P1.05 trillion in five months

The Bureau of Internal Revenue said Thursday tax collection grew by almost a tenth in the first five months of 2023 to attain its...

QC to resume tax collection on landholdings

After a five-year hiatus, the Quezon City government will resume collection of real-property taxes on landholdings this year based on the 2017 schedule of...

Gov’t debt hit new all-time high of P13.64t in November

An economist said Tuesday the government should intensify tax collection and adopt more disciplined spending as its outstanding debt hit a new all-time high...
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