BIR's RATE runs after tax evaders
Manila (20 September) -- The Bureau of Internal Revenue (BIR) will run after tax evaders to raise its tax collection. The BIR, one of the government's tax collection agencies will strictly enforce its agency program's Run After Tax Evaders (RATE) to raise much needed revenues for the government.
RATE is a program of the BIR against tax evaders, wherein the agency files cases against tax delinquents regardless of their class or status. Under the RATE program, the BIR has filed cases against movie actors, celebrities, singers, businessmen and politicians.
Aside from the RATE program, the bureau would also do a more stringent matching of taxpayers' income and withholding tax payments. BIR officials believe that there are revenues to raise from enhanced matching of taxpayers' income declaration, as well as their withholding tax payments.
The BIR has exceeded its August collection target as it collected P79.5 billion as a result of these enhanced measures.
Months ago, President Arroyo and Finance Secretary Margarito Teves have repeatedly said that the government won't be introducing new taxes but would just be enhancing existing ones. (PIA Isabela) [top]