BIR sets higher income tax, VAT collection goals for 2024
THE BUREAU of Internal Revenue (BIR) is aiming to increase income tax and value-added tax (VAT) collections this year amid the government’s efforts to improve tax administration and efficiency. Data from the BIR showed that more than half or P1.65 trillion of the agency’s P3.055-trillion target this year will come from taxes on net income […]
T Kauer 
THE BUREAU of Internal Revenue (BIR) is aiming to increase income tax and value-added tax (VAT) collections this year amid the government’s efforts to improve tax administration and efficiency. Data from the BIR showed that more than half or P1.65 trillion of the agency’s P3.055-trillion target this year will come from taxes on net income […]
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