THE Bureau of Internal Revenue (BIR) has extended the deadline on the availment of tax amnesty on delinquencies following the implementation of the enhanced community quarantine in Luzon.
BIR Revenue Memorandum Circular No. 33-2020 published yesterday states the deadline is extended by a month, to May 23, 2020.
The BIR also amended Revenue Regulation (RR) No. 4-2019, which sets the original deadline on April 23. The amendment provides the original deadline may be extended if the circumstances warrant an extension, such as “in case of country-wide economic or health reason/s.”
The BIR said this takes into consideration the current circumstances prevailing in the country, in relation to the coronavirus disease 2019 (COVID-19) pandemic.
The availment of the tax amnesty on delinquencies started on April 24, 2019.
The Tax Amnesty Act, or Republic Act 11213, covers tax amnesty on delinquencies and an estate tax amnesty.
The Department of Finance previously said that the tax amnesty on delinquencies intends to wipe the slate clean for availing taxpayers, and will help the government unclog administrative and judicial dockets of slow-moving cases.
