RMO No. 27-2023: Amends RMO No. 15-2023, relative to the revised allocation of the CY 2023 BIR Collection Goal by implementing office

Summary

RMO No. 27-2023 amends RMO No. 15-2023 on the revised allocation of the CY 2023 BIR Collection Goal by implementing office.

Key points

1. Revised target. The CY 2023 revised revenue target rises to ₱ 2,639,174 Million. That is ₱ 40,047 Million or 1.54% above the previous goal of ₱ 2,599,127 Million, and ₱ 303,500 Million or 12.99% above CY 2022 collection of ₱ 2,335,674 Million.
2. Basis of breakdown. The revised breakdown by tax type rests on the Medium-Term Revenue Program received on June 19, 2023.

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.