Summary
RMO No. 27-2021 amends RMO No. 7-2021 by setting the revised allocation of the CY 2021 BIR Collection Goal by Implementing Office.
CollapseExpand
Key points
- Overall collection goal. The CY 2021 collection goal is ₱ 2,081.161 Billion under the updated Medium-Term Revenue Program. It is made up of ₱ 2,025.935 Billion from BIR Operations and ₱ 55.226 Billion from Non-BIR Operations.
- Revised BIR Operations goal. The revised goal from BIR Operations, net of Special Taxes, is ₱ 1,715.955 Billion. This is higher by 10.74% or ₱ 166.429 Billion than the previous year’s refined collection of ₱ 1,549.526 Billion.
- Allocation method. The same methodology used in RMO No. 7-2021 is applied in allocating the goal to all implementing offices.
Who is affected
- BIR implementing offices
Deadlines and effectivity
- Applies to CY 2021
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.