Summary
RR No. 14-2015 amends Section 2 of RR No. 12-2015, in relation to RR No. 10-15, to move the deadline in the Transitory Provisions.
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Key points
- New adjustment deadline. Under Section 8, adjustments to procure and reconfigure machines and systems to comply with Section 5 must be done on or before December 31, 2015.
- Extension for work abroad. If system enhancements must be done abroad, approval is sought from the concerned Regional Director or ACIR, Large Taxpayer Service. The extension is not longer than six (6) months from the effectivity of the Regulations.
Deadlines and effectivity
- Adjustments: on or before December 31, 2015
- Extension: not longer than six (6) months from effectivity
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.