Special InTAX: May 2020 Issue 2 | Volume 5

Bureau of Internal Revenue

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 48-2020, 22 May 2020, which provides for the manner of accepting payments of internal revenue taxes until 14 June 2020, in relation to the extension of the Enhanced Community Quarantine (ECQ) and the implementation in certain areas of the Modified ECQ until 31 May 2020. The issuance allows taxpayers to file and pay taxes due (as provided in RMC No. 43-2020), including the amnesty tax until 14 June 2020, following the procedures set out below:

1. File tax returns and pay the internal revenue taxes at the nearest Authorized Agent Banks (AABs), regardless of Revenue District Office (RDO) jurisdiction.
2. File tax returns and pay taxes due to the concerned Revenue Collection Officers (RCO) of the nearest RDO, even in areas where there are AABs.

These options are available provided that the payment of internal revenue taxes in cash do not exceed PHP20,000.00. For check payments, these can be of any amount and may be made with the RCO in the RDO until 14 June 2020. All checks shall be made payable to the BIR and the name and branch of the receiving AAB may no longer be indicated on the check issued for tax payment.

Attached is the full text of the issuance.

RMC_2020-48_MannerofPaymentofTaxesuntil14June2020