Special InTAX: June 2020 Issue 1 | Volume 2

Bureau of Internal Revenue

 

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 56-2020, 26 May 2020, clarifying RMC No. 48-2020 on the manner of filing of returns and the payment of the corresponding taxes due thereon until 14 June 2020.

The RMC provides that taxpayers may:

1. File the tax return and pay the internal revenue taxes at the nearest Authorized Agent Banks (AABs), notwithstanding Revenue District Office (RDO) jurisdiction;

2. File the tax return and pay the corresponding tax due thereon to the concerned Revenue Collection Officers (RCOs) of the nearest RDO, even in areas where there are AABs, for payment of internal revenue taxes in cash not exceeding Twenty Thousand Pesos (P20,000.00). Check payments will have no limitation if the same is made with RCO in the district office until 14 June 2020.

Check payments shall be made payable to BIR (with or without "IFO Name and TIN of the taxpayer" written on the check as previously required), the name and branch of the receiving AAB may no longer be indicated therein;
 

3. File through the eBIRForms Facility and use the following payment options:

a. Over-the-counter (OTC) payment through AAB;
b. RCOs of the nearest RDO even in areas where there are AABs;
c. Electronic/Online Payment:

c.1. Land Bank of the Philippines (LBP) Link.biz Portal [for taxpayers who have ATM account with LBP and/or holders of BancNet ATM/Debit/Prepaid Card and taxpayer utilizing Peso Net facility (depositor of RCBC and Robinsons Bank)]
c.2. Development Bank of the Philippines' (DBP) Pay Tax Online (for holders of Visa/Mastercard Credit Card and/or BancNet A TM/Debit Card)
c.3. Union Bank Online Web and Mobile Payment Facility (for taxpayer who has an account with Union Bank of the Philippines)
c.4. Mobile Payment (GCash/PayMaya).

Moreover, taxpayers who are enrolled in the BIR's Electronic Filing and Payment System (eFPS) shall continue to file through the system and settle the tax liabilities with the AABs where they are enrolled, while taxpayers who are not mandated to file and pay electronically have the option to use the eBIRForms facility or to file their tax returns manually. Filing of no payment returns shall be made through eBIRForms facility.

Finally, in case of the unavailability of the BIR's electronic filing facilities, taxpayers shall manually file the returns and pay the corresponding taxes due thereon through the above-mentioned payment venues.

Attached is the full text of the issuance.

RMC No. 56-2020