Philippine Tax Agency Misses August Target, Henares Says

The Philippines’ Bureau of Internal Revenue missed its August collection goal, Commissioner Kim Henares told reporters in Manila today, without elaborating.

Collections for the first eight months of the year rose 13.4 percent, she said. The agency is committed to meeting its 940 billion peso-collection target for 2011, she said.

To contact the reporter on this story: Joel Guinto at jguinto1@bloomberg.net

To contact the editor responsible for this story: Karl Lester M. Yap at kyap5@bloomberg.net

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