BIR REITERATES THE MANNER OF FILING OF RETURNS AND PAYMENT OF INTERNAL REVENUE TAXES DURING THE ECQ
On 15 April 2020, the Bureau of Internal Revenue issued Revenue Memorandum Circular 43-2020 which provides for the payment of internal revenue taxes in consideration to the extension of Enhanced Community Quarantine (ECQ).
Taxpayers who intend to pay their internal revenue taxes due while the Enhanced Community Quarantine is in effect can pay the same as follows:
- Payments can be made thru the nearest Authorized Agent Banks (i.e.,Land Bank, Union Bank, Security Bank, etc.) notwithstanding the Revenue District Office jurisdiction;
- Filing and Payment of the corresponding tax thereon can be made to the concerned Revenue Collection Officers (RCO) of the nearest Revenue District Office, even in areas where there are Authorized Agent Banks.
Provided that the payment of revenue taxes in cash should not exceed twenty thousand pesos (PHP 20,000) while those payments made in checks will have no limitation if the same is made with the RCO in the district. Provided further that all checks shall be made payable to “Bureau of Internal Revenue” and the name of the receiving bank branch may no longer be indicated in the check for tax payment.
For queries, updates and other legal concerns, you may contact us from Mondays to Fridays, 9:00 AM to 6:00 PM, through the following: