April 27, 2020
REVENUE MEMORANDUM ORDER NO. 012-20
| TO | : | All Revenue Officials and Employees Concerned |
| SUBJECT | : | Amending RMO No. 2-2020 on the Allocation of the CY 2020 BIR Collection Goal by Implementing Office |
This has reference to the revised BIR collection target for 2020 which was approved by the Development Coordination Board Committee (DBCC) last March 26, 2020. The Bureau's CY 2020 Goal was reduced to P2.260 Trillion.
In this regard, this Order is being issued to amend Table Nos. 2 to 5F of Revenue Memorandum Order (RMO) No. 2-2020, dated 15 January 2020, prescribing the Allocation of CY 2020 BIR Collection Goal by Implementing Office, in consideration of the following:
1. The Bureau's revised collection target of P2,260.484B, comprises the BIR Operations target of P2,205,900B and P54.584B for Non-BIR Operations.
2. The revised BIR Operations target of P2,205.900B is lower by P289.296B or 11.59% compared to the initial goal of P2,495.196B as shown below:
3. The decrease in BIR Operations collection target of 11.59% was uniformly applied to all Implementing Offices.
The...
