Business

Dominguez confident BIR will meet P2.5T collection goal

Finance Secretary Carlos Dominguez III expressed confidence that the Bureau of Internal Revenue (BIR) could hit its P2.53 trillion collection target for the year.

Finance Secretary Carlos Dominguez III expressed confidence that the Bureau of Internal Revenue (BIR) could hit its P2.53 trillion collection target for the year.

The amount is 16% higher than the P2.1 trillion generated in 2019.

Dominguez led the launch of 2020 Tax Campaign where he encouraged BIR employees to work harder to reach the agency’s collection goal.

“The BIR is gifted with talented.

professionals who know how to get the job.done,” Dominguez said.

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