Tax Updates Philippines

BIR VAT Refund Claims

09 Jul: BIR Further Extends the Deadline on Filing of VAT Refund Claims

The Bureau of Internal Revenue (BIR) released Revenue Regulations (RR) No. 16-2020 to further extend the deadline of application for Value-Added Tax (VAT) refund claims. Due to the adjustments on business processes caused by the COVID-19 pandemic, BIR extends the VAT filing for thirty (30) days from the lifting of the quarantine period.