RMO No. 12-2020 — Amends the allocation of the CY 2020 BIR Collection Goal by Implementing Office Digest | Full Text | Annexes

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City APR 27 2020 4:19 PM

April 27, 2020

REVENUE MEMORANDUM ORDER No.12-2020

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

CY 2020 Goal was reduced to P 2.260 Trillion. the Development Coordination Board Committee (DBCC) last March 26, 2020. The Bureau's This has reference to the revised BIR collection target for 2020 which was approved by

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 In this regard, this Order is being issued to amend Table Nos. 2 to 5F of Revenue

The Bureau's revised collection target of P2,260.484 B, comprises the BIR Operations target of P2,205.900 B and P54.584 B for Non-BIR Operations.

2 The revised BIR.Operations target of P 2,205.900 B is lower by P289.296 B or 11.59%

compared to the initial goal of P 2,495.196 B as shown below:

CY 2020 Revised Collection Target less Non-BIR Operations Goal CY 2020 BIR Operations Goal

CY 2020 BIR Operations Goal x 100%

(2,260.484 B -- 54.584 B) -- 2,495.196 B 2,495.196 B x 100%

(289296 B) 2.495.196 B x 100%

= (11.59 %)

3. The decrease in BIR Operations collection target of 11.59% was uniformly applied to

All Implementing Offices.

concerned. The revised Tables are attached herewith, for the information and guidance of all

This Order shall take effect immediately

Commissioner of Internal Revenue CAESAR R. DULAY 034477

B-3

APR 27 2020 4:19 PM N