The Bureau of Internal Revenue (“BIR”) further extends the deadline to file and pay various tax returns following the Philippine Government’s directive to extend the Luzon-wide Enhanced Community Quarantine (“ECQ”) until 30 April 2020.
Revenue Regulations No. 10-2020 (“RR No. 10-2020”) amends Revenue Regulations No. 7-2020 (“RR No. 7-2020”) and moves the deadline of over forty (40) transactions and documents due to the BIR for the months of March and April. The various tax returns include the following: VAT payment and refund, Annual Income Tax Returns, Creditable Income Tax, Excise Tax Return, Documentary Stamp Tax, and other Reportorial Requirements. The due date on the foregoing returns are extended thirty (30) days from the original due dates set by RR No. 7-2020. If the ECQ period will be continued after 30 April 2020, the due dates shall be extended further to thirty (30) calendar days until the ECQ is lifted.
While deadlines are extended, taxpayers have the prerogative to file and pay their taxes within the original deadline or prior to the date of the extended deadline.
