Philippine Tax Agency Misses August Collection Goal by 4.63%

The Philippines’ Bureau of Internal Revenue collected 87.93 billion pesos in August, the agency said in an emailed statement today. The agency missed its collection goal for the month by 4.63 percent, the government said in its Twitter page.

Tax collection in the first eight months of the year totaled 619.71 billion pesos, missing the target by 1.2 percent, the agency said.

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