Summary
RMO No. 53-2022 amends RMO No. 16-2022 and RMO No. 30-2022 with the revised allocation of the CY 2022 BIR Collection Goal by Implementing Office.
Key points
- Revised target. The CY 2022 revised revenue target is ₱2,392,587 Million. It is made up of ₱2,325,910 Million from BIR Operations and ₱66,677 Million from Non-BIR Operations.
- Change from original. The target is lower by 1.87% or ₱45,715 Million than the original goal of ₱2,438,302 Million.
- Monthly goals. January to June 2022 monthly goals under RMO Nos. 16-2022 and 30-2022 are retained. The decrease of ₱60,266 Million or 3.00% in the BIR Operations goal, net of special taxes, is applied pro-rata to the 2nd semester monthly goals of all implementing offices.
- Attrition Act. For performance under the Attrition Act of 2005 (RA No. 9335), the BIR revenue target in the Budget of Expenditures and Sources of Financing for FY 2022 prevails.
Who is affected
- BIR implementing offices
Deadlines and effectivity
- Covers CY 2022
- 2nd semester monthly goals reduced pro-rata
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.