Charlito Mendoza, BIR Commissioner, Speaks on Tax Collection for 2025
The tax-collecting body in the Philippines is the Bureau of Internal Revenue. Amid the flood control mess in the country, a
court in Pasig City ordered the closure of the firms owned by Sarah Discaya due to a P1.1 billion unpaid taxes
Photo from Milyonaryo
According to Mendoza, the initial tax collection amount for December is high but it might not hit the target for 2025. He also revealed the tax collected for 2025 amid the ongoing finalization of the December data.
the BIR Commissioner said.
Furthermore, according to BIR Commissioner Charlito Mendoza, that boosted their tax collection initiatives and they reached the 2025 target in the first few months but the flood control mess supposedly affected the tax collection from July as the government spending was lower.
“Beginning July to November, growth rate bumaba significantly to 3.1 percent,”
Mendoza said.
Based on the
report
While it intends to increase the tax collection target this year, the bureau is still waiting for the announcement of the Development Budget Coordination Committee. The bureau is eyeing a 15.5% increase in its tax collection.
“For now, we are setting our goal on that na P3.58 trillion and that will be around 15.5 percent increase from our collection,”
the Commissioner added.
Recently, President Bongbong
Marcos signed the 2026 national budget and Malacañang spoke on the side of the administration on the approval of the P6.79 trillion budget
for this year.