Jul 8, 2020

BIR extends amnesty deadline on tax delinquencies to Dec. 31

The extension of the deadline is stated under Revenue Memorandum Circular (RMC) No. 61-2020 released by the BIR on June 15. Originally, the deadline is June 22.

The Bureau of Internal Revenue (BIR) is giving delinquent taxpayers until December 31 to avail of its tax amnesty in consideration of the effects on them of the coronavirus disease (COVID-19) pandemic.

The extension of the deadline is stated under Revenue Memorandum Circular (RMC) No. 61-2020 released by the BIR on June 15. Originally, the deadline is June 22.

The bureau stated that the extension was made “in consideration of the current circumstances prevailing in the country in relation to the World Health Organization’s (WHO) declaration of COVID-19 global pandemic”.

The deadline was initially extended from April 23 to May 23 then moved to June 8, then extended to June 22 until RMC No. 61-2020 was released extending the deadline until the end of the year.

The BIR said Republic Act 11213 or the Tax Amnesty Act is enhancing revenue administration and collection by granting an amnesty on all unpaid internal revenue taxes imposed by the national government for the taxable year 2017 and prior years with respect to estate tax, other internal revenue taxes and tax on delinquencies.

The stated purpose of the Tax Amnesty Act is to offer a “limited-time opportunity for eligible taxpayers to reduce their outstanding liabilities on a defined amount”.

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