REVENUE MEMORANDUM ORDER NO. 16-2020 issued on June16, 2020 amends
Table Nos. 2 to 5F of Revenue Memorandum Order No. 12-2020, which prescribed
the allocation of the CY 2020 BIR Collection Goal by Implementing Office.
The BIR CY 2020 Collection Goal was reduced to ₱ 1,744.104 Billion
(or ₱ 1.744 Trillion), which is comprised of the BIR Operations target of ₱ 1,700.033
Billion and Non-BIR Operations target of ₱ 44.071 Billion.
The revised BIR Operations target of ₱ 1,700.033 Billion is lower by 22.93% or
₱ 505.867 Billion compared to the previous goal of ₱ 2,205.900 Billion. The decrease
in the BIR Operations collection target of 22.93% was uniformly applied to all
Implementing Offices.