BIR surpasses collection target in July 2023; collection grew by more than 38%
The Bureau of Internal Revenue (BIR), under the leadership of Commissioner Romeo D. Lumagui, Jr., collected ₱ 273.134 Billion (net of tax refund) in July 2023, surpassing its collection target by 5.09% or ₱ 13.224 Billion for the said month. Said collection is higher by 38.37% or ₱ 75.744 Billion compared to tax collections for the same period last year.