Summary
RMC No. 28-2014 waives penalties for eFPS taxpayers on late filing of returns and late payment of Income Tax for the taxable year ended December 31, 2013 and the quarter ended March 31, 2014.
Key points
- Scope of the waiver. The waiver strictly covers eFPS-registered taxpayers and tax returns filed on April 16, 2014.
- Taxpayers who filed manually. eFPS-enrolled taxpayers who already filed manually and paid the Income Tax due for those periods are not penalized. They are advised to refile using eFPS until April 25, 2014.
Who is affected
- eFPS-registered taxpayers
Deadlines and effectivity
- Returns filed on April 16, 2014
- Refiling through eFPS until April 25, 2014
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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