Bryan Administration Distributes $10 Million in Income Tax Refunds to Residents

  • Staff Consortium
  • April 24, 2023
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Bryan Administration Distributes $10 Million in Income Tax Refunds to Residents

During Monday's weekly briefing, Government House Communications Director Richard Motta Jr. announced that the Bureau of Internal Revenue (BIR) and the Department of Finance are distributing $10 million in income tax refunds to residents.

The distribution covers refunds for tax years 2021 and prior for all properly filed taxes up to March 14, 2022, with a total of 3,247 checks being issued, Mr. Motta said.

The BIR provided a breakdown of the tax refunds:

  • 2,025 checks totaling $5,093,845 for tax year 2021
  • 581 checks totaling $2,318,483 for tax year 2020
  • 372 checks totaling $1,080,465 for tax year 2019
  • 269 checks totaling $707,205 for tax years 2018 and previous years

 

In addition, Mr. Motta announced the launch of the BIR's online excise tax portal, which is part of a larger effort to streamline excise tax operations and move toward online income tax filing. The new excise tax portal can be accessed at bir.vi.gov.

 

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