Dominguez: BIR take to improve this yearhome/Business/Top Business/Dominguez: BIR take to improve this yearThe tax bureau is expected to post collection improvements this year despite having missed last year’s target, Finance Secretary Carlos Dominguez 3rd said on Friday. In a keynote speech during the 2019 National Tax Campaign Kickoff in Pasay City, Dominguez lauded the Bureau of Internal Revenue (BIR) for its 2018 performance. The 96-percent attainment rate, Dominguez said, is “quite okay.”“Some people were critizing us that we did not meet 100 percent or did not exceed. The BIR has a collection target of P2.339 trillion for this year. To achieve this, Dominguez said the bureau had rolled out additional options and facilities to enable taxpayers to transact by electronic means.

Source: Manila Times February 01, 2019 17:48 UTC