The government’s nine-month revenue take from the first package of tax reform more than doubled the figure posted a year earlier and exceeded the Department of Finance’s (DoF) target for the period.
In a statement on Sunday, Finance Undersecretary Karl Kendrick Chua announced that combined collections from the Bureaus of Internal Revenue (BIR) and of Customs (BoC) from the Tax Reform for Acceleration and Inclusion (Train) Law reached P91.3 billion in the first nine months of 2019.
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