MANILA, Philippines — Senators scored the Bureau of Internal Revenue (BIR) over its supposed “cavalier” attitude during the deliberations of a “priority” bill seeking to assist financial institutions reeling from the economic impact due to the coronavirus pandemic. This, after representatives sent by the BIR to the hearing of the Senate banks, financial institutions and currencies committee on Wednesday failed to provide senators with categorical answers and appropriate data. “This bill will affect our revenue stream… I hope that message can be sent to our BIR officials,” he added. The BIR representative, however, was not able to provide exact figures and just promised to furnish the committee a copy of the data. “Right now, we don’t have the data but we will note that, we will note it and we will provide it as soon as possible,” the BIR representative said.

Source: Philippine Daily Inquirer August 26, 2020 06:22 UTC