Manila, Feb. 11 -- The Bureau of Internal Revenue (BIR) launched a campaign that aims to help taxpayers understand their tax obligations to encourage voluntary compliance.

In a statement Tuesday, the BIR said the Friendly Tax Compliance Verification Drive (TCVD) which runs from Feb. 10 to 14, focuses on helping taxpayers understand their tax obligations, identify common issues, and guide them in correcting these to ensure proper compliance with tax laws.

The BIR said the initiative aims to build lasting awareness and improve cooperation between the BIR and the business community.

"The BIR will conduct a tax education campaign, through a nationwide TCVD. The purpose of this TCVD is solely to educate businesses on their tax obligations. ...