The deadline for filing of the 2019 income tax returns (ITR) was moved to May 30 by the Bureau of Internal Revenue (BIR) after the national government extended the enhanced community quarantine (ECQ) in Luzon until April 30.

The BIR issued Revenue Regulations (RR) No. 10-2020 signed on April 14 that amends Section 2 of RR No. 7-2020 relative to the extension of statutory deadlines for the filing and submission of any documents and the payment of taxes pursuant to section 4 of RA 11469 or “Bayanihan to Heal as One Act”.

“In consideration of the extension of the ECQ period until April 30, 2020, these regulations are hereby promulgated to amend certain provisions of RR No. 7-2020, particularly on the extension of deadlines to submit, file, and/or pay the necessary documents and/or taxes required under the Tax Code, as amended as well as in the existing revenue regulations,” the regulation stated.

The bureau said taxpayers who are able to file tax returns and payment of taxes before the extended deadline
“can amend their tax returns at any time” before the new due date. Amendments that will result in additional tax payment will not incur penalties, including surcharge, interest and compromise penalties if it will be paid within the extended deadline, it added.

BIR said that for the fiscal year ending January 31, the filing and payment of annual ITR can be done until June 15 as extended from the original date on May 15.

The application for value-added tax (VAT) refund claims covering the quarter ending March 31, 2018, and April 30, 2018, can be done until May 15 and May 30 or 30 days after the lockdown is scheduled to be lifted.

The payments for donors and estate tax returns can be done 30 days from the date when the ECQ is lifted on April 30.

The new schedule of deadlines is also for other returns and documents including the monthly and quarterly VAT declarations; monthly remittance of percentage tax on winnings and prizes withheld by racetrack operators.

The filing of monthly VAT declarations for February and March could be filed from May 6 to 10 and May 21 to 25, while filing of quarterly VAT returns for quarter ending February 29 and March 31 was extended until May 10 and May 25.

The due date for submission of tax amnesty on delinquency returns was also extended to June 8 from the previous extended schedule of May 23 from April 23, originally.

Submission deadlines for various documents such as a summary list of sales and sworn statements were also moved to May 10 for the fiscal quarter ending Feb. 29, and May 25 for the quarter ending March 31.

BIR also extended the deadline of submission for other returns such as the due date of certification of compensation payment was scheduled on May 15, the new deadline; documentary stamp tax declaration on May 20; financial statements for the year 2019 on May 15; inventory lists on May 15 for the quarter ending February 29 and May 30 for the quarter ending March 31; monthly e-Sales reports on May 23 to 25; withholding tax remittance return for national government agencies on May 25; excise tax return for mineral products on May 25; application for tax credits or refunds covering the period of March 17, 2018, to April 30, 2018, on May 31.

“If the ECQ period will be extended further, the filing of the returns and payment of the corresponding taxes due thereon, and submission of reports and attachments falling within the enhanced extended period shall be extended for 30 calendar days from the lifting of the ECQ,” the BIR added