BIR Collection for November 2012 Exceeded Target by 7.99%

  • Post category:News

For the month of November 2012, the BIR collected Php 110.77 Billion in tax revenues, Php 18.02 Billion or 19.42% more than collections made in November of 2011. The collection for November 2012 exceeded the collection target by PhP 7.81 Billion or by 7.59%. For the period January to November 2012, the BIR collected Php 969.34 Billion in tax revenues, Php 119.83 Billion or 14.11% more than collections made for the period January to November of 2011.

For November 2012, collections from BIR operations amounted to Php 107.84 Billion, Php 17.67 Billion or 19.6% more than collections made in November of 2011. This is also PhP 9.14 Billion or 9.26% more than the collection target for November 2012. Collections from non-BIR operations amounted to Php 2.93 Billion, Php 346 Million or 13.39% more than collections made in November of 2011. However, this is PhP 1.33 Billion or 31.13% less than the collection target for non-BIR operations for the said month.

The BIR collection target for November is Php 102.953 billion.