REVENUE MEMORANDUM CIRCULAR NO. 48-2020 issued on May 22, 2020 extends until June 14, 2020 the leniency in the filing of tax returns and payment of internal revenue taxes provided under RMC No. 43-2020, to include the payment of Amnesty Tax.
Hence, until June 14, 2020, concerned taxpayers may file their tax return and pay the corresponding tax due thereon at the nearest Authorized Agent Banks (AABs), notwithstanding Revenue District Office (RDO) jurisdiction. They may also file their tax return and pay their taxes to the concerned Revenue Collection Officers (RCOs) of the nearest RDO, even in areas where there are AABs.
In both cases cited above, payment of internal revenue taxes in cash should not exceed Twenty Thousand Pesos (₱ 20,000.00) while check payment will have no limitation if the same is made with the RCO in the district office until June 14, 2020. Provided, that all checks shall be made payable to Bureau of Internal Revenue (with or without “IFO Name and TIN of the taxpayer” written on the check, as previously required), and that the name and branch of the receiving AAB may no longer be indicated therein.