Summary
RMO No. 29-2019 amends Table Nos. 2 to 5F of RMO No. 18-2019 on the allocation of the CY 2019 BIR collection goal by implementing office.
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Key points
- Reason for adjustment. The adjustments reflect the increase in the Bureau’s revenue collection target and its impact on all collecting offices.
- Basis for the Attrition Law. The basis for evaluating the BIR’s performance for purposes of the Attrition Law stays at P2,330.693 Billion, as stated in the FY 2019 Budget of Expenditures and Sources of Financing (BESF).
Who is affected
- Collecting offices of the BIR
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.