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Philippines: Extension of Statutory Deadlines for Tax Filings and Payments in PH

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The Bureau of Internal Revenue (BIR) has issued Revenue Regulations No. 7-2020 (RR 7-2020) dated 27 March 2020 to implement Section 4(z) of Republic Act No. 11469 otherwise known as “Bayanihan to Heal as One Act.” Under RR 7-2020, the BIR extends the statutory deadlines and timelines for the filing and submission of documents and/or returns and for the payment of taxes to provide relief to taxpayers who are not able to comply, as required under the National Internal Revenue Code and existing rules and regulations, during this period of national emergency.

To view the complete list of the extended statutory deadlines, please click this link.

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Kristine Anne Mercado-Tamayo is a partner in Quisumbing Torres’ Tax Practice Group. She has 13 years of experience assisting clients on tax issues, involving corporate restructuring, mergers and acquisitions and other cross-border transactions. Kristine advocates on clients' behalf in controversies involving disputed tax assessments, representing clients before the Bureau of Internal Revenue. Kristine Anne obtained her Doctor of Law degree from the Ateneo de Manila in 2005. She is cited as a Next Generation Partner in Tax by the Legal 500 Asia Pacific for 2020. She has been recently appointed as Chairperson in Tax and Financial Services Committee of the European Chamber of Commerce of the Philippines.

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Deodar Bautista is an associate of Quisumbing Torres’ Tax Practice Group. He has experience in assisting in Bureau of Internal Revenue tax audit investigations for companies in the manufacturing, advertising and business process outsourcing industries. He also has handled cases involving high-value tax refund claims.

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