Summary
RMO No. 18-2019 amends Table Nos. 2 to 5F of RMO No. 9-2019 on the allocation of the CY 2019 BIR collection goal by implementing office.
Key points
- Basis of the revised allocation. The allocation considers the Revised Medium-Term Revenue Program dated March 18, 2019 and actual collections for January to December 2018 per BIR Form No. 1209 as of March 13, 2019. CY 2018 actual collection excludes Non-Recurring Transactions and Enlisted/Delisted Taxpayers.
- Other factors. The allocation also considers the growth rate computation on BIR operations, the goal by implementing office, the Tax Amnesty on Delinquencies allocation spread over June to December 2019, and the Estate Tax Amnesty goal spread over July to December 2019.
- January to March 2019 unchanged. The goal allocations in RMO No. 9-2019 for January to March 2019 remain in effect.
Deadlines and effectivity
- Issued April 26, 2019
- Tax Amnesty on Delinquencies goal distributed over June to December 2019
- Estate Tax Amnesty goal distributed from July to December 2019
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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