The Bureau of Internal Revenue (BIR) will pursue talks with Russian counterparts on further improving the Philippines’ tax administration system through digitalization, the Department of Finance (DOF) said yesterday.
The DOF said in a statement the BIR is set to hold a second round of talks with top officials of the Federal Tax Service (FTS) of Russia on the plan.
Antonette Tionko, DOF undersecretary, also suggested this possible support for BIR’s digitalization program be included in the list of topics to be discussed during an upcoming bilateral meeting between the Philippines and Russia this month.
Officials of the BIR and the FTS met last January 13 via Zoom to discuss the latter’s best practices that could be applied in the Philippines to further improve its tax administration and compliance.
BIR officials also raised with FTS deputy commissioner Dmitry Volvach the possibility of a bilateral cooperation agreement between the revenue agencies of the two countries.
Carlos Dominguez, DOF secretary, requested then-outgoing Russian Ambassador Igor Khovaev in February last year for assistance in helping the BIR set up a tax data capture program for its value-added tax (VAT) collection effort that is similar to Russia’s highly efficient system.
Meanwhile, in a separate statement, the BIR said the government has launched the first phase of its Central Business Portal (CBP) last January 28.
CBP, an online system which can be accessed at https://business.gov.ph, is a single site/one-stop shop for all business-related information and transactions, such as registering a corporation or business and securing business permits/certificates, licenses from said government agencies.