“We are supported by strong macroeconomic fundamentals, and we look forward to returning to the path of high growth when this emergency is over. Dominguez stressed that taxes that the BIR collects are critical to fueling the country’s economic recovery. “The huge crowds jamming the BIR officers during (tax) payment deadlines is now a thing of the past,” he said. Looking back in 2019, Dominguez highlighted that the majority of taxpayers have opted for the electronic filing option in settling their tax obligations. “The BIR has improved internal processes, raised efficiency levels, and delivered much convenience to our clients — the taxpayers.

Source: Manila Times June 22, 2020 17:26 UTC