BIR ‘ready’ to implement SONA tax-system overhaul

The Bureau of Internal Revenue (BIR) said it is prepared to implement the tax reform proposals outlined by President Ferdinand R. Marcos Jr. in his fifth State of the Nation Address (SONA), citing modernized systems and simplified compliance procedures. BIR officials expressed support for the administration’s tax relief agenda, as reported by BusinessWorld.

The agency’s readiness comes as the government seeks to overhaul the tax system to make it more efficient and taxpayer-friendly. The BIR noted that ongoing digitalization efforts, including electronic filing and payment systems, will facilitate the smooth rollout of the planned reforms.

The proposed changes aim to reduce the tax burden on individuals and businesses while broadening the revenue base. The BIR emphasized that its enhanced capabilities will help ensure compliance without imposing undue hardship on taxpayers.