BIR sets June 15 deadline for amended tax returns

The Bureau of Internal Revenue (BIR) set June 15 as the payment deadline for amended income tax returns, waiving penalties if additional taxes are settled by then.

Despite the ongoing lockdown, BIR Commissioner Caesar R. Dulay issued a circular reiterating that the April 15 filing deadline remains unchanged.

Finance Secretary Carlos G. Dominguez III stated that the April 15 deadline cannot be delayed as it is set in law but suggested waiving interest fees on ITR amendments if the variance does not exceed 25%.

Taxpayers are encouraged to use electronic channels for filing and payment to avoid crowds and minimize exposure to COVID-19.