Summary
RMO No. 07-2009 prescribes the allocation of the CY 2009 BIR collection goal by implementing office.
Key points
- Overall goal. The CY 2009 collection goal set by the Department of Finance is P 865,572 Million. This is 11.17% higher than the CY 2008 actual collection of P 778,581 Million.
- Split by operations. Of the total, P 823,465 Million is for BIR Operations and P 42,107 Million is for Non-BIR Operations, based on the Medium-Term Revenue Program run date February 20, 2009.
- Goal by tax type (in Millions). Income taxes are 504,862 (468,470 BIR Operations and 36,392 Non-BIR). Excise taxes are 61,040, VAT is 195,981, and percentage taxes are 46,781, all under BIR Operations. Other taxes are 56,908 (51,193 BIR Operations and 5,715 Non-BIR).
- Allocation data and method. The data used for the final goal allocation and the allocation methodology are specified in the Order.
Who is affected
- BIR implementing offices
Deadlines and effectivity
- Applies to CY 2009
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.