Republic of The Philippines Office of The Regional Treasury: Autonomous Region in Muslim Mindanao

Republic of the Philippines
Autonomous Region in Muslim Mindanao

OFFICE OF THE REGIONAL TREASURY
Development Administration (DevAd)

CAPACITY BUILDING FOR ARMM HELPS / BRIDGE
BARANGAYS
Office of the Regional Treasury
 Created by virtue of MMA Act No. 10

I. MANDATE
To execute the fiscal policy of the ARMM

(per MMA no. 10) which states: “It is the declared
policy of the Autonomous Regional Government to
evolve a system of sound and efficient
management of its financial resources to ensure
that said resources are generated and managed in
accordance with regional law and applicable existing
national policies.”
The Regional Treasury through the Regional Treasurer shall have the following powers and
functions:
 Act as the principal custodian of all funds of the Autonomous Regional Government;
 Assist in the formulation of; and execute, policies on financial management, public
borrowings and capital market development;
 Formulate annual projections of revenue needs, cash position, and borrowing capacity
of the Autonomous Regional Government;
 Assist the Office of the Regional Governor in preparing the budgetary proposals of all
office, bureaus and departments of the Autonomous Regional Government for
submission to and enactment by the Regional Assembly.
 Maintain accounts of the financial transactions of all departments, bureaus, and offices
of the Autonomous Regional Government;
 Manage the cash resource of the Autonomous Regional Government and perform
banking functions in relation to receipts and disbursements of regional funds;
 Adopt implementing strategies for efficient collection of revenues, taxes, fees and charges;
 Conduct research and formulate plan for the creation of revenue resources and submit the
same for enactment by the Regional Assembly;
 Certify as to the availability of funds and/or expected funding resources and income
estimated for RLA Bills requiring special appropriation;
 Release directly, in a prescribed and authenticated format, to the offices, bureaus,

departments and agencies of the Autonomous Regional Government their respective funding
in accordance with the approved Regional General Appropriation Act;
 Manage, control and service public debts from domestic or foreign sources;
 Undertake all possible measures to see to it that all funds in the Regional Treasury shall be
released and disbursed in accordance with regional appropriation law; and
 Appoint and discipline any employee under it, in accordance with Civil Service Law; and
 Perform such other powers and functions as may be authorized by a regional law.
REPUBLIC ACT NO. 9054 March 31, 2001
 AN ACT TO STRENGTHEN AND EXPAND

THE ORGANIC ACT FOR THE
AUTONOMOUS REGION IN MUSLIM
MINDANAO, AMENDING FOR THE
PURPOSE REPUBLIC ACT NO. 6734,
ENTITLED "AN ACT PROVIDING FOR THE
AUTONOMOUS REGION IN MUSLIM
MINDANAO," AS AMENDED
ARTICLE IX
FISCAL AUTONOMY
 Section 1. Revenue Source. - The Regional

Government shall have the power to create its own
sources of revenues and to levy taxes, fees, and
charges, subject to the provisions of the Constitution
and this Organic Act.
 Section 2. Fiscal Autonomy. - The Regional

Government shall enjoy fiscal autonomy in generating
and budgeting its own sources of revenue, its share of
the internal revenue taxes and block grants and
subsidies remitted to it by the central government or
national government or any donor.
Section 6. Payment of Taxes.
Payment of Taxes. - Corporations, partnerships, or firms directly

engaged in business in the autonomous region shall pay their
corresponding taxes, fees, and charges in the province or city,
where the corporation, partnership, or firm is doing business.
 Corporations, partnerships, or firms whose central, main, or head

offices are located outside the autonomous region but which are
doing business within its territorial jurisdiction, by farming,
developing, or utilizing the land, aquatic, or natural resources
therein, shall pay the income taxes corresponding to the income
realized from their business operations in the autonomous
region to the city, or municipality where their branch offices or
business operations or activities are located.
Section 8. Sources of Regional Government
Revenue.
 Sources of Regional Government Revenue. - The sources of
revenues of the Regional Government shall include, but are
not limited to, the following:
(a)Taxes, except income taxes, imposed by the Regional
Government;
(b)Fees and charges imposed by the Regional Government;
(c)Taxes, fees, or charges for the registration of motor
vehicles and for the issuances of all kinds of licenses or
permits for the driving thereof, except tricycles which shall
be registered with the city or municipality within whose
territorial boundaries they are operated;
(d)Shares and revenue generated from the operations of
public utilities within the autonomous region;
(e)Appropriations, shares in the internal revenue taxes,

block grants, and other budgetary allocations coming
from the central government or national government;
and
(f)Block grants derived from economic agreements or

conventions entered into or authorized by the Regional
Assembly, donations, endowments, foreign assistance,
and other forms of aid, subject to the pertinent
provisions of the Constitution.
Section 9. Sharing of Internal Revenue,
Natural Resources Taxes, Fees and Charges
 Sharing of Internal Revenue, Natural Resources Taxes,
Fees and Charges. - The collections of a province or city
from national internal revenue taxes, fees and charges,
and taxes imposed on natural resources, shall be
distributed as follows:
(a)Thirty-five percent (35%) to the province or city;
(b)Thirty-five percent (35%) to the regional government;
and
(c)Thirty percent (30%) to the central government or
national government.
The share of the province shall be apportioned as follows:
forty-five percent (45%) to the province, thirty-five percent
(35%) to the municipality and twenty percent (20%) to the
barangay.
The share of the city shall be distributed as follows: fifty percent

(50%) to the city and fifty percent (50%) to the barangay
concerned.
Sample Computation
 BIR collection for Brgy. A Php 100,000.00
Share Percentage Amount
RG 35% 35,000.00
LGU 35% 35,000.00
Nat. Govt. 30% 30,000.00
Barangay Share Computation
Province 45% of 35,000.00 15,750
Municipality 35% of 35,000.00 12,250
Barangay 20% of 35,000.00 7,000.00
IF the area is City, the share will be 50% for the City
and 50% for the Baranagay
SHARE
PARTICULARS RG CONCER TOTAL NG
NED LGUs ARMM
a Section 9, Article 35% 35% 70% 30%

. IX
b Section 15, 30% 30% (30%)
. Article IX
C Section 15,
. Article IX, of 40% 10% 50% 50%
which 80% to
the RG and 20%
to concerned
LGUs
Funds Flow
1. Collection/ Withholding by BIR

2. RDO prepares Collection Report for ARMM
3. BIR Revenue Region prepares certification
4. BIR Revenue Accounting Division prepares
summary as basis for release by DBM
5. DBM releases funds through the ORG
6. ORG transfers funds to ORT
7. On the basis of the certification by BIR and
available funds, LGU shares are released.
Pre-requisites
Presence of institutions/ activities with which

taxes have been withheld and remitted to the
BIR:
1. Business establishments (banks, factories,
etc.) – (Based on ROR certified by BIR RDO)
2. Schools (No. of Teachers Based on DepEd
Records)
3. Government Projects (DPWH District Office)
Sample NFT
ort_armm@yahoo.com.ph
064- 5574553/ 5574554
Fb: @ARMMRegionalTreasury
0926.6668928

Republic of The Philippines Office of The Regional Treasury: Autonomous Region in Muslim Mindanao

Uploaded by

Copyright:

Available Formats

Republic of The Philippines Office of The Regional Treasury: Autonomous Region in Muslim Mindanao

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Republic of The Philippines Office of The Regional Treasury: Autonomous Region in Muslim Mindanao

Uploaded by

Copyright:

Available Formats

Republic of the Philippines

Autonomous Region in Muslim Mindanao

Development Administration (DevAd)

 Created by virtue of MMA Act No. 10

To execute the fiscal policy of the ARMM

 Release directly, in a prescribed and authenticated format, to the offices, bureaus,

 AN ACT TO STRENGTHEN AND EXPAND

 Section 1. Revenue Source. - The Regional

 Section 2. Fiscal Autonomy. - The Regional

Payment of Taxes. - Corporations, partnerships, or firms directly

 Corporations, partnerships, or firms whose central, main, or head

(e)Appropriations, shares in the internal revenue taxes,

(f)Block grants derived from economic agreements or

The share of the city shall be distributed as follows: fifty percent

a Section 9, Article 35% 35% 70% 30%

1. Collection/ Withholding by BIR

Presence of institutions/ activities with which

You might also like