BIR notes less confusion, rush in taxpayers’ bid to beat deadline of filing 2018 ITRs » Manila Bulletin News

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BIR notes less confusion, rush in taxpayers’ bid to beat deadline of filing 2018 ITRs

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By Jun Ramirez

The Bureau of Internal Revenue (BIR) has expressed satisfaction over the result of today’s last day of filing 2018 income tax return, invariably describing it as “manageable congestion” and “orderly.”

Bureau of Internal Revenue (MANILA BULLETIN)

Bureau of Internal Revenue (MANILA BULLETIN)

BIR Commissioner Caesar R. Dulay noted less overcrowding and rushing compared to the previous years.

The BIR chief, together with other top revenue officials, visited the four revenue regional offices in Metro Manila to observe the yearly exercise of submitting ITR.

He said the long lines of filers have been substantially cut as many individuals and practically all businesses filed their returns online.
Meanwhile, Dulay expressed optimism that the agency will be able to meet its revised goal of more P2.2 trillion.

He said they were expecting to register a hefty increase over the previous year’s take of P1.9 trillion.

The collection goal, he said, will be reached as more taxpayers have been encouraged to settle their financial obligation to the government due to the simplified filing and payment procedures.

He said the tax mapping operations will be stepped up to capture colorum businesses into the taxnet.

“The bureau will also generate huge revenues from delinquent taxpayers availing of the tax amnesty program.

The amnesty grants a huge discount to taxpayers availing of the privilege like paying only 40 percent of the amount subject to final assessment and much higher savings for cases pending before the Department of Justice, the prosecutor’s office and the courts.

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