SUMMARY
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MANILA, Philippines – The Bureau of Internal Revenue (BIR) collected P118.11 billion taxes in August, narrowly missing its goal of P118.48 billion, the agency announced Monday, September 16.
The tax bureau however said its August collections were 22.07% higher than what it generated in the same month of 2012.
Collections from BIR operations amounted to P116.2 billion, 0.67% higher than the P115.45-billion target and 22.39% more than the collections made in August 2012.
Collections from non-BIR operations reached P1.91 billion, 37.5% below target but 5.41% higher than what was booked the previous year. – Rappler.com
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