EconomyForex

BIR to pursue rightsizing

1 Mins read
BW FILE PHOTO

The Bureau of Internal Revenue (BIR) said that it will “rightsize” some of its offices as it ramps up its digitalization efforts, while also noting insufficiencies in the implementation of its electronic invoicing platform.

“[Rightsizing] is what we will do. We will scrap and build some items in the Bureau of Internal Revenue, and introduce cybersecurity experts [and] data scientists … as well as a data governance office; it is very important that we have such positions to make this digital transformation happen and be successful,” BIR Commissioner Lilia C. Guillermo said during the 1st SyCip Gorres Velayo & Co. (SGV) Tax Symposium on Friday.

The revenue collecting agency adheres to four pillars for its digitalization efforts: strengthening of the BIR organization; modernizing the digital backbone of the BIR; enhancing policies, governance, and standards; and elevating taxpayer experience and innovating BIR services.

In his first State of the Nation Address, President Ferdinand R. Marcos, Jr., cited the National Government Rightsizing Program as a legislative priority.

Budget Secretary Amenah F. Pangandaman also previously said that her department is finalizing a proposed measure to rightsize the bureaucracy, which will be submitted to Congress.

Meanwhile, Ms. Guillermo said that only 15 out of 100 large taxpayers have responded to the BIR’s invitation for digitalization through its e-receipts and e-invoicing system.

“Hindi lang po BIR dapat ang mag-digital transformation (The BIR shouldn’t be the only undergoing digital transformation)… [for] audits to be done very conveniently,” Ms. Guillermo said, citing how some firms still prefer a manual system. “Those who are prepared, please volunteer already.” — Diego Gabriel C. Robles

Related posts
EconomyForex

Groups flag P633 billion corruption risk in bicam-approved 2026 budget

2 Mins read
HANDOUT COURTESY OF OFFICE OF SEN. GATCHALIAN Multisectoral groups on Monday raised their recommendations on the P6.793-trillion national budget approved by the…
EconomyForex

US fighter jet, helicopter crash in South China Sea during routine drills

1 Mins read
US fighter jet, helicopter crash in South China Sea during routine drills – BusinessWorld Online                                    …
EconomyForex

Samsung Care+ Premium is the perfect addition to make household investments last

3 Mins read
Samsung ensures your TVs and appliances stay at their best with extended protection and proactive, expert care As premium devices become essentials…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *