RMO No. 27-2023 — Amends RMO No. 15-2023, relative to the revised allocation of the CY 2023 BIR Collection Goal by implementing office Digest | Full Text | Annexes

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE National Office Building Quezon City BUREAU OF INTERNAL REVENUE RECORDS MGT. DIVISION tnTYTT jyGI JUL 27 2023 505A

July 20, 2023

REVENUE MEMORANDUM ORDER NO. 27- 2023

TO All Revenue Officials and Employees Concerned

SUBJECT Amending RM0 No. 15-2023, Prescribing the Revised Allocation

of the CY 2023 BiR Collection Goal, by Implementing Office

1. BACKGROUND:

from CY 2022 collection of P2,335,674 Million. The revised breakdown by tax type was based by the Development Budget Coordination Committee (DBCC) last June 9, 2023. The' Bureau's CY 2023 Revised Revenue Target was increased to #2,639,174 Million and is higher by P40,047 Million or 1.54% from the previous goal of P2,599,127 Million and P303,500 Million or 12.99% on the Medium-Term Revenue Program (MTRP) received on June 19, 2023. This has reference to the revised BIR collection target for CY 2023 which was approved

H. OBJECTIVE:

This Order is being issued to amend Revenue Memorandum Order (RMO) No. 15-2023 dated April 11, 2023.

III. AMENDMENT:

Certain provisions of Sec. IV on General Policies and Guidelines of RM0 No. 15-2023. are hereby amended as foilows:

A. Data Used

1. CY2022ActuatCollection from Revenue as reconciled with the Bureau of the Treasury (BTr), as of March 14, 2023. Accounting Division (RAD),

2. Data considered as refinements to CY 2022 Collection from Operations:

a. Non-recurring transactions from January to December 2022, which include those that qualified within the threshold prescribed under RA No. 9335 (Lateral Attrition Act). collections from e-Sabong which will be discontinued in CY 2023 and other special non-

of the RDOs (Source: RRs/RDOs Reports submitted as of July 20, 2023); recurring transactions which account for at least 4% of cY 2022 total annual collection

b. Collections fromEstate (Source: Assessment Performance Monitoring Division Report as of January 26, 2023) Tax Amnesty from January to December 2022

c: " Updated monthly collections from enlisted Large Taxpayers (Source: ISDOS/ISG) as extracted from ITS-CBR as of June 19, 2023). However, these exclude collections from Capital Gains Tax as well as Creditable Withholding Taxes on the Sale of Real Property

and the corresponding Documentary Stamp Taxes, which shall remain with the RDO having jurisdiction of where the property is located; d. Updated monthly collections from delisted Large Taxpayers (Source: iSDOS/ISG, as extracted from ITS-CBR as of May 16, 2023); and

e. Collections from Excise Taxes, as adjusted for collections from excise taxpayers enlisted to LTS (Source: BIR Form No. 1209 Reports updated as of March 16, 2023).

3.Other Data Considered:

a. CY 2023 Macroeconomic Assumptions and Indicators (Source: MTRP as of June 9, 2023); b.CY 2023 Collection Goal, by Major Tax Type (Source: MTRP as of June 9, 2023); and

C Updated data on Tax on T-bills (Government Securities) as of June 9, 2023, MTRP

and estimated corresponding DST.

B. Goal Allocation, By Implementing Office

the Revised Allocation of the CY 2023 BIR Collection Goal, by Implementing Office, considering the following: Given the abovementioned goal, by tax type and monthly distribution, this Order prescribes

1. Above collection goai is composed of the Goal from BIR Operations of P2,539,476 Million and P99,698 Miltion from Non-BIR Operations;

2. Monthly Allocation for the January to December 2023 were based on the monthty trend of CY 2023 Goal Allocation per RMO No. 15-2023; 3. After determining the CY 2023 goals for special taxes, the goal for the remaining taxes

increase of CY 2023 Goal Net of Special Taxes vs. CY 2022 Refined Collections; was derived by applying a uniform 13.18% growth rate, equlvalent to the percentage

4. The total goal per IO is the sum of goal from BIR Operations, net of special taxes and the allocated goal for Special Taxes; and

5. The following tables are attached for the reference of all concerned revenue officials and personnel:

Table 1 Revised Macroeconomic Indicators and Assumptions, CY 2023 Table 2 Revised Monthly Collection Goal Allocation, By Major Tax Type, CY 2023 Table 3 Revised Total Collection Goal Allocation, By Implementing Office, CY 2023

Table 4 and Major Tax Type, CY 2023 Revised Collection Goal Allocation, By Implementing Office

Table 5C Table 5A Table 5B Revised Monthly Collection Goal Allocation For Income Taxes, Revised Monthly Collection Goal Allocation For Excise Taxes, Revised Monthly Total Collection Goal Allocation, By Implementing Office, CY 2023 By Implementing Office, CY 2023 By Implementing Office, CY 2023

BUREAU OF INTERNAL REVENUE Iable.sc Revised Monthly Collection Goal Allocation For Value-Added Tax, By Implementing Office, CY 2023

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RECORDS MGT.DIVISION uJU

Table 5F Table 5E Revised Monthly Collection Goal Allocation For Other Taxes, Revised Monthly Collection Goal Allocation For Percentage Taxes, By Implementing Office, CY 2023 By Implementing.Office, CY 2023

C. Other Requirements:

1. The Large Taxpayers Service (LTS) shall allocate its collection goal among its Divisions, and prepare the corresponding memorandum within two (2) working days upon the issuance of this Order; and

2. The Deputy Commissioner for Operations Group and the Assistant Commissioner of LTS goal allocation of the concerned personnel assigned in the implementing units under their respective jurisdictions, within two (2) weeks upon the issuance of this Order. shall provide the Deputy Commissioner for Resource Management Group the individual

the revenue target of the BIR as published in the Budget of Expenditures and Sources of Financing (BESF) for FY 2023 shall prevail. For purposes of performance in relation to the Attrition Act of 2005 (RA No. 9335).

IV. REPEALING CLAUSE:

This Order supersedes pertinent portions of RM0 No. 15-2023 inconsistent herewith.

V. EFFECTIVITY:

This Order shall take effect immediately.

Ro UMAGH,JR Cornissioner 011636 rnal Revenue

B-3

BUREAU OF INTERNAL REVENUE andTyN JUL 2'7 2023 1 Wo5 AM

RECORDS MGt. DIVISION gGJC

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