Revenue Memorandum Order · RMO
RMO16-2022 Annexes
The issuance appears to set out the CY 2022 macroeconomic assumptions and revenue collection goals (monthly and by implementing office); however, the operative provisions of RMO No. 16-2022 are not present in the provided excerpt, so the stated purpose cannot be confirmed directly from the text.
- Document type
- RMO
- Number
- 16
- Year
- 2022
- Text quality
- Not specified
Document text
Reference copy · verify against the official sourceThe provided text is only Annex A of RMO No. 16-2022, consisting of tables for CY 2022. Table 1 lists macroeconomic indicators and assumptions (real GDP growth 7 to 9%, inflation 2 to 4%, PhP 48-53 per US$, Dubai crude US$60-80/barrel, import growth 10.0%, export growth 6.0%). Table 2 allocates a grand total collection goal of 2,438,302,000 (in thousand pesos) by month and major tax type (taxes on net income and profits, value-added tax, excise taxes, percentage taxes, other taxes; BIR and non-BIR operations). Table 3 allocates goals by implementing office (Large Taxpayers Service, revenue regions), but is truncated. The operative body of the issuance is not included, so its directives cannot be confirmed from the text alone.