Manila Bulletin
House tax panel recommends waiving of penalties for late tax filing
The House of Representatives' ways and means committee has proposed extending the April 15 tax filing deadline to May 4 to ease the burden on taxpayers during the Covid-19 crisis.
The committee also recommended that the Bureau of Internal Revenue (BIR) waive penalties for late tax filings.
Albay Rep. Joey Salceda, committee chair, stated that the Commissioner of Internal Revenue has the authority to grant exceptions to the deadline in meritorious cases, as stipulated in the tax code.
Salceda highlighted that the Large Taxpayer Service already mandates electronic filing, which represents a significant portion of the BIR's revenue, and stressed the need for a user-friendly experience for individual and small taxpayers using the system.
The committee suggested that the BIR leverage its electronic filing and payment system to minimize face-to-face interactions and urged the BIR to fully implement the electronic payment system to comply with social distancing policies.
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Lawmakers at the House of Representatives are urging the Bureau of Internal Revenue (BIR) and the Department of Finance (DOF) to extend the tax filing deadline due to the enhanced community quarantine (ECQ) in Luzon and other parts of the country.
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The Bureau of Internal Revenue (BIR) has extended the deadline for filing 2019 annual Income Tax Returns (ITRs) to May 15, 2020, due to the enhanced community quarantine and the COVID-19 pandemic.
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Senator Joel Villanueva urged the Bureau of Internal Revenue (BIR) to extend the deadline for filing and payment of all other tax liabilities, not just income tax returns.
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The Bureau of Internal Revenue (BIR) is maintaining the April 15 deadline for income tax return (ITR) filings, despite the community quarantine in Metro Manila.
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The Bureau of Internal Revenue (BIR) is offering online filing of income tax returns (ITRs) and other payment services through its official website to encourage social distancing.
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