RMO No. 31-2010: Prescribes the allocation of the CY 2010 BIR collection goal by implementing office

Summary

RMO No. 31-2010 sets the allocation of the CY 2010 BIR collection goal by implementing office.

Key points

1. Overall goal. The Department of Finance set the CY 2010 collection goal at P 830,441 Million. This is 10.68% higher than the CY 2009 actual collection of P 750,288 Million.
2. Split of the goal. Of the P 830,441 Million, P 784,376 Million is for BIR Operations and P 46,065 Million is for Non-BIR Operations, based on the Medium-Term Revenue Program run date December 14, 2009. The Order also gives a breakdown by major tax type.
3. Methodology. The data used for the final goal allocation and the allocation methodology are specified in the Order.
4. Breakdown by RDO. The Large Taxpayer Service Groups and Regional Offices prepare the breakdown by Revenue District Office, by period and by tax type, in consultation with the RDOs. They submit it in electronic and hard copy to the Assistant Commissioner, Policy and Planning Service, Attention: Chief, Statistics Division.

Who is affected

• Large Taxpayer Service Groups
• Regional Offices
• Revenue District Offices

Deadlines and effectivity

• Breakdown by RDO due by March 31, 2010

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