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A total of 53 criminal complaints for tax evasion amounting to P3.57 billion have been filed before the Department of Justice against erring individuals and corporate taxpayers for violating the National Internal Revenue Code, according to the Bureau of Internal Revenue.
THE Bureau of Internal Revenue (BIR) only collected less than P4 billion in taxes from Philippine Offshore Gaming Operations (Pogos) last year, plunging by 45.5 percent from its take in 2020. Based on BIR Commissioner Caesar Dulay’s report to Finance Secretary Carlos G. Dominguez III, the bureau collected a total…
Fourth of a series Transformative or enhancement actions normally take place over a medium-term to long-term period. But a bankrupt state does not have the luxury of time to wait for much-needed revenues to flow in to address its ever-increasing public service expenditures and ballooning debt and interest servicing. As…
BIR exceeds 2020 tax collection goal By TED CORDERO, GMA News Published January 26, 2021 2:00pm The Bureau of Internal Revenue (BIR) has exceeded its tax collection target for 2020 despite the challenges brought by the COVID-19 pandemic. In a statement, BIR Commissioner Caesar Dulay said the taxman collected a total of P1.94 trillion last year, surpassing its goal of P1.69 trillion by P255.19 billion. The BIR exceeded its target by 15.14% in January to December 2020 — the highest percentage ever recorded in the bureau’s history for the past two decades. “It’s the first time ...