RR No. 5-2020: Amends RR No. 4-2019 relative to the availment period for the Tax Amnesty on Delinquencies

Key points

1. Who may avail. All persons, natural or juridical, with internal revenue tax liabilities for taxable year 2017 and prior years may avail under any instance listed in the Regulations.
2. Availment period. The period is one (1) year from the effectivity of RR No. 4-2019, or until April 23, 2020.
3. Possible extension. The date may be extended if circumstances warrant, such as a country-wide economic or health reason.

Who is affected

• Persons with internal revenue tax liabilities for taxable year 2017 and prior years

Deadlines and effectivity

• Until April 23, 2020, which may be extended