RMC No. 113-2020: Publishes the full text of the letter from the Department of Finance to amend the effectivity date of RA No. 11467, as circularized under RMC No. 65-2020

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Summary

RMC No. 113-2020 publishes the full text of a Department of Finance letter amending the effectivity date of RA No. 11467 that was circularized under RMC No. 65-2020.

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Key points

  1. Earlier date and the correction. RMC No. 65-2020 gave the effectivity of RA No. 11467 as January 27, 2020. The DOF letter of Undersecretary Antonette C. Tionko clarifies that the Act took effect upon complete publication on the Official Gazette website.
  2. Corrected effectivity. RA No. 11467 became effective beginning January 23, 2020.

Deadlines and effectivity

  • RA No. 11467 effective January 23, 2020

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

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