DOF chief sees BIR take in 2021 exceeding target, again

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MANILA, Philippines—Rosier economic prospects, declining tax evasion and big business support for digital payment schemes were likely to help the Bureau of Internal Revenue (BIR) surpass its collection target of P2.08 trillion in 2021.

“Now more than ever, the whole nation relies on the BIR’s bold commitment to provide the revenues needed to support our people and push our country forward towards a strong economic recovery,” said Finance Secretary Carlos Dominguez III, who supervises the country’s biggest tax-collection agency, during the BIR’s 2021 national tax campaign launch on Wednesday (Feb. 17).

“With digitalization, improved administrative systems, and the dedication of th…

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