(Revenue Memorandum Circular No. 96-2020 issued on September 07, 2020)
This Tax Alert is issued to reiterate the alternative modes of issuance of receipts/invoices applicable during the period of MECQ.
Under RMC No. 47-2020, as amended by RMC 59-2020, taxpayers located in areas covered under MECQ are allowed to adopt workaround procedures on the issuance of receipts/invoices to be able to continue its business operations.
Taxpayers, who opted to adopt the workaround procedures during the period of MECQ last August 04 to 18, 2020, are reminded to submit the required Summary of Temporary Receipts/ Invoices Issued to their respective RDOs within 90 days from the date of the lifting of MECQ, among other requirements.
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