MANILA – Amendments may be made by the Bureau of Internal Revenue (BIR) for income tax return (ITR) filing following the declaration of community quarantine for Metro Manila, but the deadline remains on April 15.
Finance Secretary Carlos Dominguez III said Sunday they cannot adjust the ITR filing deadline because it “is in the law.”
He explained that the government “can allow amendment of returns without payment of interest, subject to certain conditions like no variance of more than 25 percent.”
“This will be in line with the SEC’s (Security and Exchange Commission) extension of deadline of filing of audited FS (financial statement) of 60 days,” he added.
Malacañang has placed Metro Manila under community quarantine from Mar. 15 to Apr. 14, 2020 after the inter-agency Task Force on Emerging Infectious Diseases raised to the highest Code Red Sub-Level 2 the status of the situation in the country because of the rise of local transmission.
BIR Collection Service head revenue executive assistant Rosario Padilla earlier encouraged taxpayers to tap the agency’s online platform, accessible through its website www.bir.gov.ph, to file their 2019 income tax instead of going to the various BIR offices to limit their exposure to the coronavirus disease.(with report from PNA/PN)
