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BOC s January collection exceeds P71 779 billion | Reine Juvierre S Alberto

THE Bureau of Customs (BOC) announced on Tuesday preliminary data points to revenue collection in January reaching P73.329 billion, exceeding its target for the first month of the year. According to the BOC, preliminary reports showed collections for January represents a surplus of 2.16 percent or P1.550 billion above the…

DOF not rushing new taxes amid P4 3 trillion goal | Reine Juvierre S Alberto and Jasper Y Arcalas

THE Department of Finance (DOF) is banking on a more efficient and streamlined tax system and better inflation to hit the state’s goal of collecting a record-high of P4.3 trillion in revenues this year, as it is tepid in pushing for new taxes this year. Finance Secretary Ralph G. Recto…

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