Tuesday
April 19
2016

Philippines’ Tax Bureau Taps Mobile Payment for Tax Collection

The Philippines’ Bureau of Internal Revenue (BIR) has partnered with Globe Telecom’s GCash mobile money service for its tax collection effort.

It said the goal is to improve tax collection and administration, curb corruption, and strengthen business climate in the country.

“The continuous payment of right taxes will continue and sustain the growth of the Philippines,” said BIR Commissioner Kim Henares in a statement. “The bureau aims to increase funding contribution for the country’s growing needs for basic infrastructure and social programs necessary to reduce poverty, thus, the government continues to push for the growth of the country’s fiscal space.”

GCash was first introduced for national tax payments in 2005 when BIR’s thrust was to expand the provision of electronic services, most notably with the release of eBIRForms v6, an improved e-filing software that can serve all taxpayers.

Source: Enterprise Innovation (link opens in a new window)

Categories
Technology
Tags
fintech, government, infrastructure, mobile money