The Bureau of Internal Revenue (BIR) collected P2.814 trillion in taxes from January to October 2026, up 5.63 percent from a year earlier, and expects to breach the P3-trillion mark before November ends.
The additional P149.86 billion in gross collections gives the government more resources to finance public services and development programs, although the bureau’s latest report did not indicate whether collections were on track against its full-year target.
October collections reached P348.54 billion, up P19.48 billion, or 5.92 percent, from the same month last year.
BIR Commissioner Charlito Martin R. Mendoza said the agency aims to sustain annual revenue growth above 5 percent while tightening tax compliance and improving services for taxpayers.
“We are looking to breach the P3 trillion mark in revenue collections before the end of November and aim to sustain our above 5% year-on-year growth,” Mendoza said.
Based on its January-to-October tally, the BIR needs another P186 billion in gross collections to reach P3 trillion.
Mendoza said the bureau would continue pursuing tax evasion and illicit trade, strengthening revenue monitoring, and protecting the government’s tax base while making it easier for taxpayers to meet their obligations.
These efforts form part of the BIR DARES reform agenda, which also seeks to encourage voluntary compliance through better service, fairness, and professionalism.
