RMO No. 37-2007 — Amends RMO No. 7-2007 relative to the allocation of the CY 2007 BIR goals by implementing office and finalizes the CY 2007 BIR collection goal by implementing office Digest | Full Text | Annexes

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City November 29, 2007 REVENUE MEMORANDUM ORDER NO. 37 - 2007 SUBJECT : Amending RMO 7-2007 (Allocation of the CY 2007 BIR Goals by Implementing Office) and Finalization of the CY 2007 BIR Collection Goal by Implementing Office TO : All Assistant Commissioners, Regional Directors, LTS Head Revenue Executive Assistants, Revenue District Officers, LTDO Heads and Other Officers Concerned I. Objective This Order is issued to amend certain tables of RMO 7-2007 due to the following: 1. Variance between the projections of BIR and DBCC on the CY 2007 monthly trends of revenue collections ; and 2. Updated collections for the First Semester of CY 2006 from large taxpayers delisted in the revenue regions (enlisted/transferred to LTS), which were not considered in RMO 7-2007. II. Data Considered The following data were considered in the revision of the monthly targets: 1. DBCC's CY 2007 monthly revenue program for the BIR; and 2. Updates on January to June, 2006 collections from taxpayers delisted to/transferred from revenue regions (enlisted/transferred to LTS) which were not considered in RMO 7-2007 (Source: Collection Report of Taxpayers Transferred to LTS, CY 2006-LTPD rundate: Oct. 17, 2007)

III. Procedure 1. Re-aligned Overall Monthly Goal The BIR CY 2007 quarterly targets must be followed to conform with the national fiscal program. 2. Goal Allocation by Implementing Office The regional offices shall prepare the final quarterly goal allocation by district and by tax type. The sum of the quarterly totals by district must tally with the region's quarterly total. For the Large Taxpayers Service (LTS), the LT Programs Division shall coordinate the revision of the quarterly goals with concerned offices in the LTS. The sum of the quarterly totals by LT office must tally with the LTS quarterly total. The revised monthly goals by district office shall be forwarded to the Statistics Division within five days upon approval of this Memorandum, thru the following email addresses: cynthia.santos@bir.gov.ph or katherine.aranza@bir.gov.ph. IV. List of Annexes Annex A Quarterly Collection Goal Allocation, By Implementing Office, Annex B-1 CY 2007 Annex B-2 Total Collection Goal Allocation, By Implementing Office and By Annex B-3 Major Tax Type, C Y 2007 Annex B-4 Quarterly Collection Goal Allocation for Income Taxes, By Annex B-5 Implementing Office, CY 2007 Annex B-6 Quarterly Collection Goal Allocation for Excise Taxes, By Implementing Office, CY 2007 Quarterly Collection Goal Allocation for Value-Added Taxes, By Implementing Office, CY 2007 Quarterly Collection Goal Allocation for Percentage Taxes, By Implementing Office, CY 2007 Quarterly Collection Goal Allocation for Other Taxes, By Implementing Office, CY 2007

V. Effectivity This Order takes effect immediately. (Original Signed) LILIAN B. HEFTI Commissioner of Internal Revenue B-3