Summary
RMO No. 25-2009 adjusts the CY 2009 BIR collection goal and its allocation by implementing office.
Key points
- Revised overall goal. The Department of Finance set the revised CY 2009 goal at P 798,455 Million, which is 2.55% higher than the CY 2008 actual collection of P 778,581 Million. Of this, P 755,030 Million is for BIR Operations and P 43,425 Million is for Non-BIR Operations, based on the MTRP run date June 9, 2009.
- Goal by tax type. In P Million: income taxes 470,335, excise taxes 58,790, value-added tax 168,679, percentage taxes 44,147, and other taxes 56,504.
- Allocation method. The revised total goal is pro-rated to all implementing offices using the CY 2009 goals per RMO No. 7-2009. The data used and the adjustments in methodology are specified in the Order.
- Submission deadline. Each Revenue District Office or other implementing unit must submit its goal allocation by July 8, 2009.
Who is affected
- Revenue District Offices and other implementing units
Deadlines and effectivity
- Issued July 9, 2009
- Applies to CY 2009
- Goal allocation due July 8, 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.