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BIR CV sets target for 2025 at P55B
The Freeman
|April 06, 2025
The Bureau of Internal Revenue in Central Visayas (BIR-13) has set a tax collection target amounting to P55.14 billion for the region in 2025, aiming to sustain its strong performance over the past two years.
BIR-13 Officer-in-charge regional director Antonio Ilagan said they are positive about exceeding the collection once again following the good stance from 2023 and 2024 tax collection.
According to Ilagan, in 2023, the collection goal was P41.94 billion, but they were able to collect P42.63 billion, exceeding the target by 1.65 percent.
Meanwhile, in 2024, they raised the goal to P48.8 billion, and the outcome for the actual collection reached P49.1 billion.
He noted that the region has demonstrated consistent upward growth in tax revenue, despite occasional fluctuations in economic conditions and other external factors.
"Hopefully makuha natin yung ating goal na P55 billion," said Ilagan.
However, the BIR-13 director also acknowledged that the first two months of 2025 saw a slight dip in collections, with a shortfall of just negative three percent.
This story is from the April 06, 2025 edition of The Freeman.
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