REVENUE MEMORANDUM ORDER NO. 1-2012 issued on January 12, 2012 prescribes the allocation of the CY 2012 BIR collection goal by implementing office. The overall CY 2012 collection goal of the BIR, as set by the Department of Finance, is P 1,066.118 Billion. This is 13.42% higher than CY 2011 goal of P 940.000 Billion. The total goal is based on the Budget of Expenditures and Sources of Financing for 2012. The policies and guidelines of data requirements and goal allocation methodology used in the computation of the final goal of the implementing offices are specified in the Order. The preliminary total goal on BIR Operations was allocated to all implementing offices based on their CY 2011 percent share to total collections subjected to refinements. The following taxes are directly allocated to the Large Taxpayers Service (LTS): a. Goal on Excise Taxes amounting to P 71.083 Billion was allocated to LT Field Operations Division b. Income Tax goal of P 9.185 Billion on MALAMPAYA c. Estimated goal on Final Withholding Taxes of BSP (BSP-FWT) in the amount of P 18.981 Billion The CY 2012 Tax Remittance Advice (TRA) Goal per RDO/implementing unit was estimated by applying the three-year average (CY 2009-2011) TRA national growth rate to CY 2011 estimated TRA collections. RDO target was set to effect a growth of 15% to 20% from CY 2011 actual refined collections such that LTS gets an approximate share of 65% and the Revenue Regions share of 35%. The monthly goal allocation by major tax type was based on the monthly trend of actual CY 2011 collections. The CY 2012 total goal by implementing office is shown in Annex B of the Order.