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RMC No. 29-2020: Amendment to Annual Income Tax Return Filing Extension

2020-03-20 16:26:26 |

The Philippine Bureau of Internal Revenue (BIR) released the Revenue Memorandum Circular No. 29-2020 on 19 March 2020 signed by the Commissioner of Internal Revenue, Ceasar R. Dulay. The circular is imposed to amend the Revenue Memorandum Circular No. 26-2020 stating the one-month tax filing and payment extension for all the tax returns included with the memorandum.

 

Meanwhile, the Revenue Memorandum Circular No. 26-2020 was released by BIR on 18 March 2020 due to the coronavirus outbreak happening worldwide. The circular was issued to impose a one-month extension of filing for the Annual Income Tax Return with the purposes to protect the people and to give them enough time to prepare the necessary documents in filing for an ITR.

You can visit and download the memorandum here:

https:/www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2020%20RMCs/RMC%20No.%2029-2020.pdf