Published February 18, 2021, 7:00 AM
The Duterte administration’s chief economic manger expects the Bureau of the Internal Revenue (BIR), the government’s main tax agency, will surpass its collection target this year.
Speaking at the virtual BIR’s Tax Campaign Kick-off ceremony on Wednesday, Feb. 17, Finance Secretary Carlos G. Dominguez III said he is confident that the bureau would be able to overshoot its P2.08-trillion collection goal for 2021.
Finance Secretary Carlos G. Dominguez III (Bloomberg file photo)
Dominguez said the BIR faces the “great task” of raising as much revenues as possible to fund the comprehensive effort of defeating the COVID-19 pandemic and supporting the nation’s economic recovery.