BIR-Ilocos exceeds end-Sept collection goal by 4.5%
The Bureau of Internal Revenue (BIR) 1 (Ilocos Region) collected about PHP17.41 billion in the first nine months of the year, 4.5 percent higher than its PHP16.9 billion goal for the period. During a Kapihan sa Bagong Pilipinas forum live-streamed on Tuesday, BIR-1 Director Josephine Virtucio, said they exceeded their target collection from Jan. 1 to Sept. 30 by PHP751.76 million. Top industries that boosted BIR’s collection include those involved in trading, power production and distribution, construction, and health institutions, she said. For the full year, the regional bureau has a PHP22.4 billion target. Virtucio said strategies such as improving