Summary
RMO No. 3-2020, issued January 21, 2020, amends Annex A of RMO No. 52-2019 on the Agency Performance Indicators and Targets for CYs 2019-2023.
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Key points
- Revised formula. The formula of the Performance Measure Reduction of Tax Arrears, under the Strategic Objective Improve Assistance, Compliance and Enforcement Process, is amended. It compares current-year and previous-year arrears collected and cancelled thru ATCA over total accounts handled, multiplied by 100.
- Alignment. The change aligns the measure with the Operational Key Performance Indicator (KPI) as revised by RMO No. 50-2019.
Deadlines and effectivity
- Covers CYs 2019-2023
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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