Tax Alerts

Relaxed rules in the acceptance of tax payments until June 14, 2020

(Revenue Memorandum Circular No. 48-2020, May 27, 2020)

This Tax Alert is issued to inform all concerned on the rules in acceptance of payments of internal revenue taxes and amnesty tax applicable until June 14, 2020.

During this period until June 14, 2020, taxpayers may:

  • Pay internal revenue taxes at the nearest Authorized Agent Banks (AABs) regardless of Revenue District Office (RDO) jurisdiction.
  • File the return and pay the corresponding tax to the Revenue Collection Officer (RCO) of the nearest RDO, even in areas where there are AABs.
  • Pay the tax in cash not exceeding P20,000.
  • Pay with checks without limit in amount. Check payment will be accepted even without the name and branch of the receiving AAB indicated in the check as long as the check is made payable to the Bureau of Internal Revenue, with or without “IFO Name and TIN of the taxpayer” written in the check.
  • Pay through checks or combination of cash and check/s or combination of two or more checks in the payment of single tax liability/return.