The Bureau of Internal Revenue has collected P101.8 billion for the month of October 2014. The tax revenue collecte is 6.5% or P6.2 billion more than in October of 2013.
For October this year,2014, collections from operations amounted to P99.64 Billion, which is P6.42 billion or 6.88% more than in October last year. Collections from non-BIR operations amounted to P2.16 Billion, which is P204 Million or 8.6% less than the collections made in October 2013.
Collections by the Regional Offices amounted to P39.61 billion, or P6.89 billion or 21.08% more than the collections made in October 2013. While collections by the Large Taxpayers Service amounted to P60.03 Billion, P476.61 million or 0.79% less than the collections made in October 2013.