The Bureau of Internal Revenue is optimistic of surpassing its 2023 tax collection target of P2.639 trillion, following its impressive
BIR Commissioner Romeo Lumagui Jr. said in a statement this could be done through an intensified tax enforcement campaign.
It was also higher by 38.37 percent or P75.744 billion than its collections in the same period last year.
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BIR surpasses collection target in July 2023; collection grew by more than 38%The Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui, Jr., collected ₱ 273.134 Billion (net of tax refund) in July 2023, surpassing its collection target by 5.09% or ₱ 13.224 Billion for the said month. Said collection is higher by 38.37% or ₱ 75.744 Billion…
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