RMO No. 07-2007: Prescribes the allocation of the CY 2007 BIR collection goal by implementing office

Key points

1. Overall goal. The P 765,859 Million goal is 17.33% higher than the CY 2006 actual collection of P 652,750 Million.
2. BIR and Non-BIR Operations. Of the total, P 730,470 Million is for BIR Operations and P 35,389 Million is for Non-BIR Operations. BIR Operations are the goal on which the BIR has direct control to collect revenues, and Non-BIR Operations are the goal on which it has no control. Under BIR Operations, P 27,549 Million is the goal on Republic Act No. 9337 (New VAT Law), based on the National Government Revenue Program run date February 14, 2007.
3. Goal by tax type (in Millions). Income taxes are 433,424 in total, with 403,033 BIR Operations and 30,391 Non-BIR Operations. Excise taxes are 58,720, value-added taxes 183,254, and percentage taxes 46,778, all under BIR Operations. Other taxes are 43,684, with 38,686 BIR Operations and 4,998 Non-BIR Operations.
4. Allocation method. The data used for the final goal allocation and the allocation methodology are specified in the Order.

Deadlines and effectivity

• Collection goal for CY 2007
• Issued April 27, 2007