Manila, Sept. 11 -- The Bureau of Internal Revenue (BIR) is cooperating with the International Monetary Fund (IMF) to establish a modern and data-driven tax compliance system in the Philippines.

The BIR on Friday said it met with IMF experts last Sept. 4 to discuss the operational implementation of compliance risk management (CRM) and regional engagements on CRM activities across selected BIR field offices.

They identified recurring compliance risks and common high-risk sectors, including construction, retail, tourism, and e-commerce, highlighting the need for a strong, centrally managed CRM framework to identify and address compliance risks.

"Compliance risk management helps us understand where the most significant compliance risks ar...