Summary
RMC No. 73-2012 publishes the full text of Administrative Order (AO) No. 31 dated October 1, 2012, which directs and authorizes national government agencies to rationalize their fees and charges, increase existing rates and impose new ones.
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Key points
- Setting rates. In setting rates and imposing new fees and charges, agencies seek a balance between recovering the cost of services rendered and the socio-economic impact.
- Monitoring. The Task Force on Fees and Charges, created under AO No. 255 (s. 1996) and reactivated by Executive Order No. 218 (s. 2002), monitors agency compliance.
- Implementing rules. The Department of Finance, Department of Budget and Management and National Economic and Development Authority jointly issue the rules. These set the parameters for just and reasonable rates and safeguards against unreasonable and arbitrary fees and charges.
Who is affected
- Heads of national government departments, bureaus, commissions, agencies, offices and instrumentalities, including Government-Owned and/or Controlled Corporations
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.
