News

Estate Tax Amnesty

03 Jun: Congress Extends the Estate Tax Amnesty Deadline by Two Years

The Philippine Congress recently passed a measure that extends the estate tax amnesty deadline by two years. Senator Juan Edgardo Angara welcomed the House of Representatives’ adoption of the Senate Bill (SB) No. 2208, which carries the amendments to Republic Act (RA) No. 11213, also known as the Tax Amnesty Act of 2019.

BIR AITR Deadline Header

04 May: BIR Releases Deadline for Filing of Annual Income Tax Returns and Attachments in the Philippines

The Bureau of Internal Revenue (BIR), in an advisory published on April 28, released the deadlines for the filing of amended Annual Income Tax Returns (AITRs) and required attachments in the electronically-filed AITR of the taxable period ending on December 31, 2020. The Bureau strictly reminds taxpayers the due dates for filing to avoid penalties.