Tax revenues rise to P2.77 trillion in 9 monthsPreliminary data released by the Department of Finance showed that tax collections from January to September reached P2.77 trillion. Preliminary data released by the Department of Finance showed that tax collections from January to September reached P2.77 trillion. This is nine percent higher than the P2.54 trillion revenues in the same period last year. Tax revenues are expected to account for 89 percent of overall revenue collections for the year at P4.269 trillion. For September alone, tax revenues reached P212 billion, 9.2 percent lower than the P233.53 billion in collections last year.

Source: Philippine Star October 11, 2024 20:31 UTC