Summary
RMC No. 48-2020 extends until June 14, 2020 the leniency in filing returns and paying internal revenue taxes under RMC No. 43-2020, and now includes payment of Amnesty Tax.
Key points
- Where to file and pay. Taxpayers may file and pay at the nearest Authorized Agent Banks (AABs), regardless of RDO jurisdiction. They may also file and pay to the Revenue Collection Officers (RCOs) of the nearest RDO, even in areas with AABs.
- Payment limits. In both cases, cash payment must not exceed Twenty Thousand Pesos (₱ 20,000.00). Check payment has no limit when made with the RCO in the district office.
- Check requirements. All checks are made payable to the Bureau of Internal Revenue, with or without the “IFO Name and TIN of the taxpayer” on the check. The name and branch of the receiving AAB may no longer be written on it.
Who is affected
- Taxpayers filing returns and paying internal revenue taxes, including Amnesty Tax
Deadlines and effectivity
- Leniency valid until June 14, 2020
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.