BIR, tiwalang maaabot ang target na revenue collection ngayong taon

Transcript

00:00 The Bureau of Internal Revenue believes that they can reach the target of more than 2.6 trillion pesos of revenue collection this year.

00:09 Rott Lagusa has more.

00:11 The Bureau of Internal Revenue is continuously pursuing those who buy fake or ghost receipts.

00:19 This is part of the ANC's efforts to reach the target revenue collection.

00:23 The BIR is confident that they can reach the target of more than 2.6 trillion pesos this year.

00:29 In the first six months of the year, the BIR collected more than 1.2 trillion pesos.

00:35 This is 7.65% higher than the same time last year.

00:40 Our investigation on those who buy fake receipts is ongoing.

00:44 We have already filed many cases and we will continue to do so in the coming weeks.

00:50 In the coming few weeks, our development of cases is ongoing and we will file many cases against those who buy ghost receipts.

01:00 According to the BIR, the agency was able to pass a law by President Ferdinand R. Marcos Jr.

01:05 that requires revenue collection to fund the Build Better More or the government's infrastructure project.

01:11 Following the crackdown, many are already asking for help from the agency.

01:15 They are willing to pay and they also said that they will get feedback from the private sector and from different accounting organizations

01:23 that they will not do this type of procedure when buying fake receipts.

01:30 We also heard about it through business groups that they will all comply.

01:36 The BIR explained that every time they pay the right amount to VAT,

01:40 they will feel it for the next 12 months, just like a big company.

01:44 Finance Secretary Benjamin Diokno also gave the importance of transparency and accountability

01:50 in the continuation of the BIR's 119th anniversary.

01:53 Earlier, in the pursuit of the Tax Evaders Agency, the BIR of 192 cases was able to file a DOJ.

02:00 The liability here is estimated to be around 8 billion pesos from July 2022 until May 2023.

02:06 At the same time, the BIR also fulfilled the NASA 130 foreclosure orders and collected P332.5 million pesos from its Offline Candado Program.

02:17 In March, the run-out of fake transaction program, which is the SOA,

02:22 the BIR filed criminal charges against nine individuals running ghost corporations

02:30 that cost the government billions in tax losses.

02:35 These programs demonstrate the government's intensified efforts to promote fairness and transparency in the tax system.

02:44 Meanwhile, the BIR said that the discount for senior citizens and persons with disabilities is mandatory

02:50 in online and mobile application purchases.

02:53 Based on the revenue regulation issued by the agency,

02:56 a senior citizen or PWD does not need to sign,

03:00 but the senior citizen or PWD identification card number should still be given.

03:05 According to the BIR, this is a step by the agency to become a service-oriented and not just a goal-oriented agency.

03:11 Rod Laguzad, for the people.

03:13 (upbeat music)