• By The Financial District

BIR Collects P1.867 Billion From Padlocked Firms

The Bureau of Internal Revenue (BIR) padlocked 322 establishments in the first nine months of 2021 for various tax code violations, which resulted in collections of P1.867 billion in back taxes.

Photo Insert: A BIR Oplan Kandado operation being conducted in Valenzuela

BIR Deputy Commissioner Arnel Guballa said in his report during a recent Department of Finance (DOF) executive committee (Execom) meeting that this accomplishment under the Bureau’s Oplan Kandado program included shutting down the operations of two establishments in the month of September, which yielded P290 million in tax collections.

In his report to Finance Secretary Carlos Dominguez III, Guballa also said the BIR had rolled out its Internal Revenue Integrated System (IRIS)–Taxpayer Registration System (TRS) in the third quarter in all revenue district offices (RDOs), except in 12 offices that do not yet have fiber optics capabilities.

“The RDOs now have an electronic facility for capturing, monitoring, and reporting taxpayer’s primary and secondary registration data–whether individual or non-individual, and whether with or without businesses,” Guballa said.

He said the TRS will “also facilitate the update of registration information and generation and printing of Certificate of Registration (COR), Authority to Print (ATP), Tax Clearance (TC), and Tax Identification Number (TIN) ID card.”

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

In an earlier Execom meeting, Dominguez had ordered the BIR and the Bureau of Customs (BOC) to further intensify their operations against tax cheats, in keeping with President Duterte’s war on graft and corruption.

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