The Bureau of Internal Revenue surpasses its collection target for October 2022. CONTRIBUTED IMAGE
The Bureau of Internal Revenue surpasses its collection target for October 2022. CONTRIBUTED IMAGE

THE Bureau of Internal Revenue (BIR) surpassed its collection target for October 2022 by 1.48 percent or P2.729 billion. This was based on the BIR's revised goal of P184.030 billion for the said month. Compared to the BIR's October 2021 actual collection (net of tax refund), the October 2022 net tax collection of P186.759 billion was higher by 15.20 percent or P24.644 billion.

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