Summary
RMO No. 66-2010 adjusts the allocation of the CY 2010 BIR collection goal by implementing office.
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Key points
- Revised overall goal. The revised CY 2010 collection goal provided by the Department of Finance is P 860,441 Million. This is 14.68% higher than the CY 2009 actual collection of P 750,288 Million.
- Operations split. Of the total, P 819,598 Million is for BIR Operations and P 40,843 Million is for Non-BIR Operations, based on the Medium-Term Revenue Program run date July 7, 2010.
- Breakdown and method. The goal is broken down by major tax type: income taxes, excise taxes, value-added tax, percentage taxes and other taxes. The Order specifies the data used for the revised allocation and the adjustments to the allocation methodology.
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.