REVENUE MEMORANDUM CIRCULAR NO. 28-2014 issued on April 16, 2014 waives the penalties for Electronic Filing and Payment System (eFPS) taxpayers for late filing of returns and payment of the Income Tax/es for the taxable year ended December 31, 2013 and quarter ended March 31, 2014. The waiver strictly covers eFPS-registered taxpayers and tax returns filed on April 16, 2014.

         All eFPS-enrolled taxpayers who have already manually filed their tax returns and paid their Income Tax due for the said taxable periods will not be imposed of penalties, and are advised to refile using eFPS until April 25, 2014.