Available Tax Relief during the state of national emergency due to COVID-19 (as of April 16, 2020)

This list of available tax relief during the state of national emergency due to COVID-19 is updated as of April 16, 2020 with the issuance of Revenue Regulations No. 09 and 10-2020 and Revenue Memorandum Circular Nos. 36, 38, 39 and 41-2020. The recent BIR issuances, among others, provide for further extension on the filing/payment of tax returns and other BIR submissions, expanded coverage of the donor’s tax exemption and full deductibility of donations to help combat COVID-19, and clarifications on the exemption from DST of credit extensions/restructuring during the period of state of national emergency.