The Bureau of Internal Revenue (BIR) saw a double-digit rise in January collections, the agency’s chief said, following the implementation of the Tax Reform for Acceleration and Inclusion (Train) law. “[It’s] 15 percent up,” BIR Commissioner Caesar Dulay said Dulay said at the sidelines of the 2018 BIR National Tax Campaign Kickoff in Pasay City on Friday. The BIR is aiming to top P2.3 trillion in revenue collections during the first year of the law’s implementation. In fact our prayer is even to exceed the target,” Dulay said. The bureau was able to collect P1.78 trillion in 2017, up 13 percent from the previous year.

Source: Manila Times February 11, 2018 17:15 UTC