10 months Despite TRAIN law, BIR misses 2018 collection target Rappler
MANILA, Philippines – Despite new and higher taxes under the Tax Reform for Acceleration and Inclusion (TRAIN) law , the Bureau of Internal Revenue (BIR) missed its collection targets for 2018. The BIR reported during the House ways and means committee hearing on Tuesday, January 29, that it collected P1.962 trillion in taxes in 2018 , 4.01% ... more