RMC No. 43-2020: Prescribes the guidelines in the acceptance of payment of internal revenue taxes during the Enhanced Community Quarantine period

Summary

RMC No. 43-2020, issued April 17, 2020, prescribes guidelines for accepting payment of internal revenue taxes during the Enhanced Community Quarantine (ECQ) period.

Key points

1. Payment at nearest AAB. Taxpayers may pay at the nearest Authorized Agent Banks (AABs), regardless of RDO jurisdiction.
2. Filing and payment with RCOs. They may file returns and pay with Revenue Collection Officers (RCOs) of the nearest Revenue District Office, even in areas with AABs.
3. Payment limits. Cash payment must not exceed twenty thousand pesos (₱20,00.00). Check payments with the RCO in the district office have no limit.
4. Checks. All checks are made payable to the Bureau of Internal Revenue. The name of the receiving AAB branch no longer needs to be on the check.

Who is affected

• Taxpayers paying internal revenue taxes during the ECQ period

Deadlines and effectivity

• During the ECQ period

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