Filing and payment of 2019 Annual ITR extended to May 15

(Revenue Memorandum Circular No. 28-2020, March 18, 2020)

This Tax Alert is issued to inform all concerned on the updated filing and payment deadline of 2019 Annual ITR.

Taxpayers may file and pay their 2019 Annual Income Tax Return (AITR) until May 15, 2020 without penalties. This is an extension of the April 15, 2020 filing and payment deadline as reiterated in RMC 25-2020.

Further, taxpayers may file and pay the corresponding taxes due thereon to any Authorized Agent Banks (AABs) nearest to the location of the taxpayer or to any Revenue Collection Officer (RCO) under the Revenue District Office (i.e., file and pay anywhere).

The RMC amends RMC 25-2020.  It is not clear though whether the provisions of RMC 25 which allows amendment without penalties and filing of attachments until June 15 are retained.