Tax collection increased 12.4% y/y in April.

By bne IntelliNews May 16, 2012
Philippines' tax collection increased 12.4% y/y recording PHP 116.22bn in April this year, missing its PHP 122.8bn collection target for the period. As reported by Dow Jones International News, the Bureau of Internal Revenue stated that the country's tax collection grew 14% y/y registering PHP 345.3bn in the first four months of the year.

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