MANILA, Philippines — The Bureau of Internal Revenue (BIR) has further extended the ongoing tax amnesty on delinquencies until Dec. 31, giving more time for taxpayers to settle their liabilities from the years 2017 and earlier.
The BIR on Saturday published Revenue Regulations No. 15-2020 which amended RR 4-2019 containing the original delinquencies amnesty deadline, which was a one-year period starting on April 24, 2019.
Availment was supposed to end on April 23, but the BIR had to extend the deadline four times — to May 23, June 8, June 22, and then the latest cutoff date of Dec. 31, 2020 — amid the new coronavirus disease (COVID-19) lockdown.
The tax amnesty on delinquencies cover all national taxes — capital gains tax, documentary stamp tax, donor’s tax, excise tax, income tax, percentage tax, value-added tax and withholding tax — for taxable years 2017 and earlier.
—Ben O. De Vera
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