BIR Collection for October 2014 Grew by P 6.21 Billion

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For the month of October 2014, the BIR collected Php101.8 billion in tax revenues, Php6.2 billion or 6.5% more than collections made in October 2013.

For October 2014, collections from BIR operations amounted to Php99.64 billion, PhP6.42 billion or 6.88% more than collections made in October 2013. Collections from non-BIR operations amounted to Php2.16 billion, Php204 million or 8.6% less than the collections made in October 2013.

Collections by the Regional Offices amounted to PhP39.61 billion, or Php6.89 billion or 21.08% more than the collections made in October 2013. While collections by the Large Taxpayers Service amounted to PhP60.03 billion, PhP476.61 million or 0.79% less than the collections made in October 2013.