By Jun Ramirez
Commissioner Caesar Dulay of the Bureau of Internal Revenue has met behind closed-door all key field officials discussing collection strategies to raise P668 billion for the remaining four months of the year.
The agency needs to generate the amount to meet its P1.8 trillion goal for the year as it has already garnered more than P1.1 trillion from January to August.
Informed sources said the BIR chief stressed during the meeting with regional directors and heads of various audit divisions of the large taxpayers service (LTS) that they will have to produce P167 billion every month starting in September to hit the huge 2017 collection target.
Dulay told taxmen to utilize all available audit tools to compel taxpayers, particularly big and medium scale industries, to pay correct taxes.
These included benchmarking audit, tax mapping, stocks inventory, third party information and finally the filing of tax evasion cases against taxpayers who refused to settle old accounts.
The stepped-up tax drive is being initiated despite pledges last week by big business and professionals groups to assist the BIR in its tax collection campaign by paying taxes correctly and promptly to augment funds for the rebuilding of Marawi City destroyed by the on-going war between the government troops and Isis-inspired Muslim rebels.
All Credit Goes There : Source link