Authors’ Note: An article on the same topic was published last April 1, 2020, and updated on April 14, 2020. This is a further update in view of subsequent regulatory issuances on the subject.
Upon the recommendation of the Inter-Agency Task Force for the Management of Emerging Infection Diseases, President Rodrigo Duterte further extended the Enhanced Community Quarantine (ECQ) in the National Capital Region and other high-risk areas until 15 May 2020. Hence, the BIR issued Revenue Regulations No. 11-2020 further extending the “extended due dates” for the filing and submission of documents and the payment of taxes required under the Tax Code and existing regulations. The Department of Finance (DOF) also issued Department Circular No. 002-2020 for the uniform implementation by all LGUs on the extension for the payment of local taxes, fees, and charges.
The Summary of Tax Filings and Payments and the List of Issuances by the BIR and DOF may be accessed through the links below.
The BIR also issued Revenue Memorandum Circular (RMC) No. 42-2020 which provides the guidelines in the filing and payment of Income Tax Returns for taxable year 2019. The guidelines may be accessed through the link below.
Significantly, the BIR adopted a file and pay anywhere system providing taxpayers the following payment options:
a. Payment to any Authorized Agent Bank (AAB) nearest to the location of the taxpayer;
b. Payment to any Revenue Collection Officer (RCO) under the Revenue District Office; and
c. Electronic/Online Payment:
i. LandBank of the Philippines (LBP) Link.biz Portal (for taxpayers who have ATM account with LBP and/or holders of BancNet ATM/Debit/Prepaid Card and taxpayer utilizing PesoNet facility for depositor of RCBC and Robinsons Bank);
ii. Development Bank of the Philippines’ (DBP) Pay Tax Online (for holders of Visa/Mastercard Credit Card and/or BancNet ATM/Debit Card);
iii. Union Bank Online Web and Mobile Payment Facility (for taxpayer who has an account with Union Bank of the Philippines); and
iv. Mobile Payment (GCash/PayMaya) [RMC Nos. 26-2020, 28-2020, 42-2020, and 43-2020].
Cash payments with the RCO should not exceed Php20,000.00, while check payments will have no limitation. All check shall be made payable to the “Bureau of Internal Revenue” and the name of the receiving AAB branch may no longer be indicated in the check.
Links: List of issuances by the Bureau of Internal Revenue and the Department of Finance (updated as of May 05, 2020)
Summary of tax filings and payments during the ECQ (updated as of May 05, 2020)
Guidelines for 2019 ITR (updated as of May 05, 2020)