Henares declines CJ nomination

ABS-CBN News

Posted at Jul 02 2012 12:08 PM | Updated as of Jul 03 2012 07:30 AM

MANILA, Philippines - Bureau of Internal Revenue Commissioner Kim Henares has declined her nomination for chief justice.

In a statement, Henares said she is turning down the nomination because the BIR is also in the midst of crucial major reforms.

"I feel that at this time, the reform we are undertaking in the BIR is as significant as the judicial reform that needs to be undertaken in the Supreme Court," she said.

"Inasmuch as revenues are needed by the Government to sustain economic progress, it is important to sustain the reforms we are undertaking in the BIR as these changes provide the backbone for reforms in the Bureau of Internal Revenue, and are among the major milestones to be achieved to prepare the revenue agency for the future."

The BIR chief said the agency is completing the evaluation of its core processes including registration, filing and payment, auditing and collection.

She said the bureau is also enhancing its Information Taxpayer Systems with the assistance of the grant from the Compact Program of the Millennium Challenge Corporation.

Henares said the BIR is targeting tax collections of P1.066 trillion this year, and approximately P 1.2 trillion next year.