RMO No. 01-98 — Sets the revenue target of the BIR for CY 1998 Digest

REVENUE MEMORANDUM ORDER No. 1-98 issued January 21, 1998 sets the revenue target of the BIR for CY 1998, as well as prescribes the methodology to determine the following: i) estimated CY 1997 collection and CY 1998 goal of each region; ii) CY 1998 regional goal for each major type of tax; and iii) monthly regional goal allocation for each type of tax. In relation thereto, the Regional Directors are directed to submit to the Statistics Division, not later than January 26, 1998, the distribution of regional goals by Revenue District Office, by month and by type of taxes. The Regional Directors are also directed to review and evaluate their collection performance against their goals to determine the effect of the CTRP implementation.