RMC No. 119-2024: Providing Extension of the Deadlines for the Filing of Tax Returns and Payment of Corresponding Taxes Due Thereon, Including Submission of Required Documents for Taxpayers within the Jurisdiction of Revenue District Offices of the Bureau of Internal Revenue that were Affected by Typhoon “Kristine.”

Key points

1. Purpose. The extension gives taxpayers and BIR personnel in the affected RDOs, including affected Authorized Agent Banks, enough time to meet statutory deadlines.
2. Returns moved to October 31, 2024. The due date moves from October 25, 2024 to October 31, 2024 for BIR Form 2550Q (Quarterly VAT Return) and BIR Form 2551Q (Quarterly Percentage Tax Return) for the quarter ending September 30, 2024, for eFPS and Non-eFPS filers.
3. Documents moved to October 31, 2024. The same move applies to the Quarterly Summary List of Sales/Purchases/Importations for Non-eFPS VAT filers. It also applies to the Sworn Statement of Manufacturer’s or Importer’s Volume of Sales of each Brand of Alcohol, Tobacco and Sweetened Beverage Products.
4. Coverage and holidays. The extension applies in the RDOs affected by Typhoon Kristine as identified in the Circular. If the extended date falls on a holiday or non-working day, filing is made on the next working day.

Who is affected

• Taxpayers in RDOs affected by Typhoon Kristine
• Affected Authorized Agent Banks

Deadlines and effectivity

• Original due date: October 25, 2024
• Extended due date: October 31, 2024