BIR Releases RMC No. 30-2020 Relative to Extended Deadline for Tax Filings, Payments, and Returns
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 30-2020, an amendment to RMC No. 29-2020 and clarifications on RMC No. 28-2020, to address confusion and inadvertent errors presented in the former circulars released relative to the extended deadlines for tax filings, payments, and other returns.
Under the RMC No. 30-2020, BIR clarifies the following:
- Required attachments for Annual Income Tax Returns (AITR) filing shall be submitted on or before May 15, 2020
- Filing/ Submission of reportorial requirements whose due dates fall within Enhanced Community Quarantine (ECQ) period shall be extended for thirty calendar days from their deadline
- ONETT Transactions (BIR Form Nos. 1606, 1706, 1707, 1800, and 1801) whose date of payments fall within ECQ period, shall have an extended thirty days from their due date for filing and tax payments