BusinessWorld E-paper
November 12, 2025
THE BUREAU of Internal Revenue (BIR) may struggle to meet its P3.219-trillion collection target this year as sluggish government spending weighed on overall tax receipts, a development its chief said may prompt a tweak of its full-year target.
“The overall performance is low… so there’s a need to recalibrate or recalculate the entire goal,” BIR Commissioner Romeo D. Lumagui, Jr. told BusinessWorld in an interview in mixed English and Filipino. “As things stand, it’s going to be quite difficult.”
