Advisories on the extension of deadline of filing and payment of tax returns falling due during the ECQ/MECQ periods

Advisories on the extension of deadline of filing and payment of tax returns falling due during the ECQ/MECQ periods

(BIR Advisories, September 6 and September 9, 2021)

This Tax Alert is issued to inform all concerned taxpayers on the clarifications regarding the extension of deadline of filing and payment of tax returns falling due within the Enhanced Community Quarantine (ECQ)/Modified Enhanced Community Quarantine (MECQ) periods.

Relative to Revenue Memorandum Circular No. 91-2021, the filing and payment of tax returns and submission of reports and attachments falling due within the ECQ and/or MECQ period shall be extended by fifteen (15) calendar days from the lifting of the ECQ and/or MECQ.

Electronic Filing and Payment System (eFPS)-user taxpayers are advised to disregard the automatically computed penalties upon filing of the tax returns and pay only the amount of basic taxes due.