RMC No. 42-2020: Prescribes the guidelines in the filing and payment of Income Tax Returns for Taxable Year 2019

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Summary

RMC No. 42-2020, issued April 17, 2020, prescribes guidelines for filing and paying Income Tax Returns for Taxable Year 2019.

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Key points

  1. Guidelines in Annex A. Taxpayers who file manually, use the Offline eBIRForms Package or are enrolled under the Electronic Filing and Payment System (eFPS) file and pay according to Annex A of the Circular.

Who is affected

  • Manual filers
  • Offline eBIRForms Package users
  • eFPS-enrolled taxpayers

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

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.