RMO No. 42-2019: Prescribes the policies, guidelines and procedures in the Accomplishment Reporting on BIR Priority Programs and Other Major Programs and Projects

Summary

RMO No. 42-2019 prescribes the policies, guidelines and procedures for preparing and submitting the Quarterly Accomplishments of the BIR’s Priority Programs and Other Major Programs and Projects.

Key points

1. Basis of the report. The Quarterly Accomplishment Report is based on the BIR’s Annual Priority Programs published through a Revenue Memorandum Circular and on other Major Programs and Projects that significantly contributed to collection performance.
2. Who prepares and validates. The Assistant Commissioners (ACIRs), through their Divisions, prepare the report in the format prescribed in the Order. They submit it to their respective Deputy Commissioners for validation.
3. Quarterly Summary Report. The ACIR, PMS, through the Chief, PPD, prepares the Quarterly Summary Report of Accomplishments. It is the reference document for data requested by external stakeholders such as the Office of the President, Department of Finance, Senate, House of Representatives and Credit Rating Agencies.
4. Submission schedule. The validated Quarterly Accomplishment Reports (Annex A) go from the ACIRs to the ACIR, PMS, Attention: Chief, PPD, by April 20, July 20, October 20 and January 20. The Quarterly Summary Reports go to the Commissioner by April 30, July 30, October 30 and January 30.

Who is affected

• Assistant Commissioners (ACIRs)
• Deputy Commissioners
• Chief, PPD and ACIR, PMS

Deadlines and effectivity

• Quarterly Accomplishment Reports: April 20, July 20, October 20, January 20
• Quarterly Summary Reports: April 30, July 30, October 30, January 30

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