News Formal

BIR partners with business groups to enhance tax collection

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 17 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 59%

Business News

Tax Collection,BIR,Partnership

The Bureau of Internal Revenue (BIR) aims to increase tax collection by partnering with various multisectoral groups to improve services, taxpayer compliance, and strengthen coordination. The partnership will allow the BIR to gather feedback from business organizations, tax practitioners, and accountants to enhance its tax administration.

THE Bureau of Internal Revenue expects increased tax collection as it partners with various multisectoral groups to strengthen coordination and improve services and taxpayer compliance.

Lumagui said these groups, to whom the BIR provides its services ranging from business registration to collection of taxes, will help simplify tax processes through their input. On Tuesday, September 10, the BIR inked a memorandum of agreement with 13 business groups, chambers of commerce and financial associations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BIR guidelines on digital business registrationAMID a thriving digital economy in the country, the Bureau of Internal Revenue (BIR) has introduced a new regulatory measure that covers all persons engaged in business using digital platforms.
Source: TheManilaTimes - 🏆 2. / 92 Read more »