The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 61-2020 to further amend the provisions of Revenue Regulations (RR) No. 4-2019, as previously amended by RR NO. 5-2020 and RR No. 11-2020. The circular declares the supplemental extension on the availment duration of tax amnesty on delinquencies.
The Bureau of Internal Revenue
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 59-2020, pursuant to the Republic Act (RA) No. 11469, otherwise known as “Bayanihan to Heal As One Act”, amending the provisions of the RMC No. 47-2020 relative to the released guidelines of temporary measures adopted by taxpayers as a relief in compliance with the agency’s receipting and invoicing requirements.
The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 57-2020 removing Mayor’s Permit* (MP) as one of the mandatory requirements for registering a business with the agency. The removal is part of the streamlined registration requirements and revised documentary requirements checklist to further ease doing business in the Philippines.
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 49-2020 indicating additional options for taxpayers in processing the submission of filed 2019 Income Tax Returns (ITRs), including necessary attachments. Accordingly, requirements shall be accepted upon submission to Revenue Collection Officers (RCOs) or the electronic Audited Financial Statements (eAFS) facility.
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 48-2020 indicating ease of filing of returns, payment of due taxes as stipulated under RMC 43-2020, including payment of Amnesty Tax. BIR eases filing of returns and tax payments until June 14, 2020 considering the accessibility of payment facilities to taxpayers during the extended ECQ and implementation of MECQ.
The Bureau of Internal Revenue (BIR) releases Revenue Regulations (RR) No. 11-2020, pursuant to section 4(z) of the Republic Act No. 11469, otherwise known as “Bayanihan to Heal as One Act”, amending Section 2 of the RR No. 7-2020 further extending the deadlines for submission, filing, and payment of significant documents and/or taxes due to the prolonged implementation of the Enhanced Community Quarantine (ECQ) until May 15, 2020.
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 44-2020 declaring the issuance of temporary electronic copies of VAT Certificates (VCs) and VAT Identification Cards (VICs) in view of the prolonged implementation of the Enhanced Community Quarantine (ECQ) period.
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 43-2020, to provide easier options to taxpayers on filing tax returns and paying taxes due within the Enhanced Community Quarantine (ECQ) period.
The Bureau of Internal Revenue (BIR) releases Revenue Memorandum Circular (RMC) No. 42-2020 declaring guidelines on the filing and payment of Income Tax Returns (ITRs) for the taxable year 2019.