BIR Issuances – RMC 42-2024

The BIR announced the CY 2024 Bureau of Internal Revenue’s Priority Program and Projects.

Revenue Memorandum Circular (RMC) No. 42-2024

19 March 2024

For CY 2024, the BIR has been tasked to collect P3.055 Trillion.

In this regard and in order to ensure the attainment of the revenue targets, the BIR priority programs and projects, which are enumerated in Annex A of this Circular, were identified and adopted taking into account current developments in tax administration, particularly the passage of Republic Act No. 11976, also known as Ease of Paying Taxes Act (EOPT), as well as the results of the BIR Strategic Planning Session participated in by the Bureau’s top officials held last November 23 to 24, 2023.

The BIR further mentioned that these programs are aligned with the Strategic Plan for 2024-2028 and the BIR Aspiration 2028, and are clustered into four (4) Strategic Pillars, namely:

1. Provide Excellent Service to Taxpayers;
2. Develop Highly Digital Processes;
3. Intensify Audit and Enforce Process; and
4. Strengthen Integrity and Professionalism of the Employees and the Institution.

Copy of the RMC and CY 2024 BIR Priority Programs and Projects can be accessed thru the links below.