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RMO No. 68-98: Prescribes the implementation of Oplan Accounts Receivable as well as specifies the composition, duties and functions of the Task Force created for that purpose

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Summary

RMO No. 68-98 sets the implementation of Oplan Accounts Receivable (AREC) and specifies the composition, duties and functions of the Task Force created for it.

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Key points

  1. National Office Collection Task Force. This Task Force handles accounts receivable involving P1 Million and above.
  2. Regional Collection Task Force. This Task Force handles accounts receivable of P100,000 but not more than P1 Million for Regional Offices. It handles P100,000 and below for the Revenue District Offices.

Who is affected

  • National Office Collection Task Force
  • Regional Collection Task Force

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.