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RMO No. 01-98: Sets the revenue target of the BIR for CY 1998

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Summary

RMO No. 01-98 sets the BIR revenue target for CY 1998 and prescribes how regional goals are determined.

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Key points

  1. Methodology prescribed. The Order sets the method for finding the estimated CY 1997 collection and CY 1998 goal of each region. It also covers the CY 1998 regional goal per major type of tax and the monthly regional goal allocation per type of tax.
  2. Submission by Regional Directors. Regional Directors submit to the Statistics Division the distribution of regional goals by Revenue District Office, by month and by type of taxes.
  3. Performance review. Regional Directors review and evaluate their collection performance against their goals to determine the effect of the CTRP implementation.

Who is affected

  • Regional Directors

Deadlines and effectivity

  • Submission to the Statistics Division: not later than January 26, 1998

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.