bir deadline extension 2020

Previously, the BIR issued Revenue Regulations (RR) 7-2020, dated March 30, 2020, to implement Section 4 (z) of the Bayanihan law. The BIR has also extended the deadline to avail of the tax amnesty on delinquencies from May 23 to June 8, 2020, according to Revenue Memorandum Circular 38-2020. The latest Revenue Revenue Regulations No.10-2020 resets the deadline for the filing and payment of 2019 income tax return (ITR) to May 30. In view of the recent extension by the Philippine government of the ECQ until 15 May 2020, the BIR issued RR No. 5-2020. Copyright © The Manila Times – All Rights Reserved. Unit 1509 Cityland Herrera Tower Business Location The compliance is hereby extended as follows: Fiscal Year End. It enumerates, in calendar form, BIR’s tax deadlines, together with the following: Tax Returns and Remittance Forms For Fiscal Year Ending … 11469, otherwise known as “Bayanihan to Heal as One Act.” According to Revenue Regulations (RR) No. Samsung chief jailed for 2.5 years over corruption scandal, Duterte issues EO lowering tariff of mechanically deboned meat, Indonesian medics overwhelmed by quake casualties, Nations failing to fund climate adaptation – UN, Leonen still Supreme Court’s backlog leader, Girl raises funds to save Camiguin corals, Panelo: Pandemic ‘not an excuse’ to dump Cha-cha, Go urges smooth vaccine plan implementation. Tax Filing and/or Payment Guide during the Quarantine June 2020 11 BIR Form No. You have successfully joined our subscriber list. An amendment that will result in additional tax can still be paid without penalties provided that it should be done not later than the extended deadline. The April 15 deadline for the filing of annual income tax returns of corporations for the calendar year ending Dec. 31, 2019 was stretched to May 30 this year. 11-2018, as previously amended by RR No. So, what happens now with all the BIR deadlines? 11-2020 dated April 29, 2020 to further extend the deadline of filing/submission of returns/reports and payment of taxes due to the extended Enhanced Community Quarantine (ECQ). “If the new extended due dates fall on a holiday or non-working day, then the submission and/or filing contemplated herein shall be made on the next working day,” the BIR said. The Bureau of Internal Revenue (BIR) has issued last April 30, 2020 Revenue Regulations (RR) No. The BIR has earlier moved the deadline of the availment of tax amnesty on delinquencies from April 23 to May 23, 2020, pursuant to Revenue Regulation No. V A Rufino Cor Valero St Salcedo Vill “If the new extended due dates fall on a holiday or non-working day, then the submission and/or filing contemplated herein shall be made on the next working day,” the BIR said. For Annual Information Return of Income Taxes Withheld on Compensation and Final Withholding Taxes and Extension of the Deadline of Certificate of Compensation Payment and Annual Information Return of Credible Income Taxes withheld deadlines are extended from March 31, 2020, to April 30, 2020. 11-2020 3 which amends certain provisions of RR No. For Fiscal Year Ending March 31, 2020 and April 30, 2020. Under Revenue Memorandum Circular (RMC) 92-2020 released on Tuesday, BIR said the deadline extension was warranted considering the “surge of registrants in … Deadline – February 28, 2020), March 31, 2020 (Orig. Taxpayers who will file their tax returns within the original deadline or prior to the extended deadline can amend their tax returns at any time before the extended due date. 31-2020 further amends the pertinent provisions of Revenue Regulations (RR) No. 5-2020 and circularized by RMC No. The Bureau of Internal Revenue (BIR) has issued last April 30, 2020 Revenue Regulations (RR) No. Based on the regulation, the original April 15 due date for the filing of annual income tax returns of individuals was moved from May 15 to May 30, 2020. The Philippine Army 4th Infantry Division spokesman Maj. Rodulfo Cordero Jr.... A Malacañang official said the coronavirus disease 2019 (Covid-19) pandemic should not be used as an excuse for Congress to not tackle charter change. Revenue Regulations No. Meanwhile, the due date for the filing of tax amnesty was stretched further to June 8, 2020. Brgy Bel-air, Makati City 1227 Metro Manila, Summary Alphalist of Withholding Taxes (SAWT), Quarterly Summary Lists of Sales, Purchases, and Importations (SLSPI), Sworn Statement of Manufacturer’s or Importer’s Volume of Sales of each particular brand of alcohol, tobacco products, & sweetened beverage products, Registration of Computerized Accouting Books of Accounts and Other Accounting Records in Electronic Format, Submission of required hardcopies of FS and scanned copies of 2307 to e-filed 1702RT, MX, EX, RMC 30-2020, RR 7-2020, RMC 39-2020, RR 10-2020 and, BIR Form 2000 and 2000-OT – for One-Time Transactions, Monthly eSales Report of Taxpayers using CRM/POS, Quarterly Summary List of Machines (CRM-POS) sold by all Machine Distributors/ Dealers/ Vendors/ Suppliers, Registration of Bound Loose Leaf Books of Accounts and Other Accounting Records, BIR Form 1914 – Application for VAT Refund, Documentary Requirements based to RMC 47-2019, BIR Form 1914 – Application for Credit or Refund of Taxes Erroneously/Illegally received or penalties imposed without Authority, 2 years after the payment of tax or penalty, BIR Form 1707-A – Annual Capital Gains Tax Return (Transfer of Shares of Stock not Traded thrugh Stock Exchange), BIR Form 1704 – Improperly Accumulated Earnings Tax, BIR Form 2551Q – Quarterly Percentage Tax Return (in General), BIR Form 2551Q – Quarterly Percentage Tax Return (for Overseas Communication Tax), BIR Form 2551Q – Quarterly Percentage Tax Return (for Amusement Taxes), filing date falls during the period starting March 16, 2020 and those where due dates fall within the period of 30 days from date of lifting of ECQ, Extension of 30 days from the date of lifting of quarantine, Filing of Certificate of Residence for Tax Treaty Relief (CORTT) Forms (for final withholding taxes paid on dividend, interest and royalty income of nonresident), within 30 days after the payment of withholding tax, 30 days from the date of lifting of quarantine, Submission of Softcopies of BIR Form 2307 contained in DVD-R and Sworn Declaration, Further BIR Deadline Extensions Related to Covid-19, The Bureau of Internal Revenue (BIR) has issued last April 30, 2020, RR No. In its Revenue Regulations No. 11-2020, the BIR said the extension is pursuant to Section 4 (z) of Republic Act No. This website uses cookies to ensure you get the best experience on our website. Publishes the Daily Minimum Wage Rates in Cordillera … Deadline – January 31, 2020), March 31, 2020 (Orig. 19-2020: Use of BIR Form 1709 or Information Return on Related Party Transactions, RMC 30-2020, RR 7-2020, RMC 39-2020, RR 10-2020, and, RMC 30-2020, RR 7-2020, RMC 39-2020, RR 10-2020 and RR 11-2020, March 31, 2020 (Orig. BIR Commissioner Caesar Dulay made the recommendation which Finance Secretary Carlos Dominguez 3rd approved. Submission to PEZA of AFS and ITR filed with the BIR on 15 December 2020 by PEZA-registered enterprises whose YE 31 August 2020. Submission to PEZA of TIMTA Annex A.1 by PEZA-registered enterprises for YE 31 August 2020. The Bureau of Internal Revenue (BIR) has further extended the deadline for the filing of various taxes in consideration of the prolonged enhanced community quarantine (ECQ). January 10, 2020. By continuing to use this website without disabling cookies in your web browser, you are agreeing to our use of cookies. The Bureau of Internal Revenue recently issued Revenue Regulation 10-2020 which extends most tax payment deadlines, including the filing of annual income tax returns until May 30. DOF issues rules on tax deadline extensions under Bayanihan Act. 31-2020: Further amends the pertinent provisions of Revenue Regulations (RR) No. An amendment return that will result in over payment can opt to carry over the overpaid tax against the succeeding period’s tax due of the same tax type aside from filing for a refund. BIR Commissioner Caesar Dulay issued Revenue Regulations No. It added that if the ECQ period would again be extended, the filing of the returns and payment of the corresponding taxes due thereon, and submission of reports and attachments falling within the enhanced extended period shall be extended for 30 calendar days from the lifting of the ECQ. Calendar Year ending December 31, 2020: SUBMISSION : Inventory List: Calendar Year ending December 31, 2020: e-Filed 1702-RT/EX/MX with Audited Financial Statement (AFS), 1709 (if applicable), and Other Attachments through Electronic Submission of Audited Financial Statements (eAFS) or Manually: Fiscal Year ending September 30, 2020: e-SUBMISSION The extensions were ordered under Revenue Regulation 10-202 signed on Tuesday by Finance Secretary Carlos Dominguez 3rd and BIR Commissioner Caesar Dulay in consideration of the ECQ extension until April 30. 26-2020: Donations to Public Schools During the Pandemic, RMC No. 2550M for March 2020 e-Filing for eFPS filers under Group E BIR Form No. Deadline – March 1, 2020), Month of March 2020 (TIN ending in even number), RMC 30-2020, RR 7-2020, RMC 39-2020, RR 10-2020, and RR 11-2020, Month of April 2020 (TIN ending in even number), Month of March 2020 (TIN ending in odd number), Month of April 2020 (TIN ending in odd number), BIR Form 1700, 1701, 1701A, 1702RT, MX, EX (eFiling/ePayment), Required Submission of Attachments to e-Filed Annual ITR, RMC 30-2020, RMC 39-2020, RR 10-2020 and RR 11-2020, List of Medical Practitioners – CQ ending March 31, 2020, May 30, 2020 or 30 days from the date of lifting of quarantine, whichever comes later, June 14, 2020 or 30 days from the date of lifting of quarantine, whichever comes later, June 30, 2020 or 30 days from the date of lifting of quarantine, whichever comes later, For erroneous payments made from March 17, 2018 to April 30, 2018, For erroneous payments made from May 1, 2018 to May 31, 2018, ONETT Transactions – BIR Forms 1606, 1706, 1707, 1800 and 1801, falling within the period of emergency starting March 16, 2020, RR 7-2020, RMC 39-2020, RR 10-2020, and RR 11-2020, Submission of relevant documents to support Request for Re-investigation, Appeal/ Request for Reconsideration to CIR on FDDA, Running of Statute of Limitationsin Assessment and Collection of Taxes, Period of emergency starting March 16, 2020, Before expiration of Statute of Limitations, RMC 34-2020, RMC 39-2020, RR 10-2020, and RR 11-2020, FWT for the month of February and remitted on March 2020, FWT for the month of March and remitted on April 2020, FWT for the month of April and remitted on May 2020, BIR Form 2118DA – Availment of Tax Amnesty on Delinquencies, RR 5-2020, RMC 33-2020, RMC 38-2020, RR 10-2020, and RR 11-2020, Application of New Authority to Print (ATP) for Expired Receipts and/or Invoices, May 13 or 30 days after lifting ECQ, whichever comes later, BIR Form 1621 – Quartery Remittance Return of Tax Withheld on the Amount withdrawn from Decendent’s Deposit Account, BIR Form 2552 – Percentage Tax for transactions involving Shares of Stock listed and traded in Stock Exchange or Initial/Secondary Public Offering, within 5 banking days from collection date, BIR Form 2553 – Percentage Tax under Special Laws, on designated due dates under special laws, BIR Forms 2200-A, 2200-AN, 2200-P, 2200-T, and 2200-S, before removal of the excisable products from place of production, Date of submission falls within the period of emergency starting March 16, 2020. 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