THE Bureau of Internal Revenue (BIR) has extended until Oct. 31 a few tax deadlines falling on Oct. 25 as a form of relief to taxpayers and BIR personnel affected by Typhoon Kristine.
“The BIR is hereby extending the deadline for the filing of tax returns and the payment of taxes due thereon, including submission of certain documents,†it said in a circular dated Oct. 25.
“The extension is intended to provide ample time for taxpayers and BIR personnel within the following affected revenue district offices (RDOs) including affected authorized agent banks (AABs), to comply with the statutory tax deadlines.â€
The extension covers the physical and electronic filing of BIR Form 2550Q (quarterly value-added tax return) and BIR Form 2551Q (quarterly percentage tax return) for the quarter ending Sept. 30.
The deadline of the quarterly summary list of sales/purchases/importations by a VAT taxpayer for Non-eFPS (Electronic Filing and Payment System) filers for the quarter ending Sept. 30 was also extended to Oct. 31.
Also extended was the deadline for submitting the sworn statement of a manufacturer’s or importer’s volume of sales of each particular brand of alcohol products, tobacco products and sweetened beverage products for the quarter ending Sept. 30.
RDOs covered by the deadline extension include those in the Ilocos Region, Cagayan Valley, and Cordillera Administrative Region.
In Central Luzon, tax deadlines have also been extended in RDOs 17A, 17B, 18, 19, 20, 21A, 21B, 21C, 22, 23A, 23B, 25A, and 25B.
In the National Capital Region, the following RDOs were granted extensions: 24, 26, 27, 28, 29, 30, 31, 32, 33, 34, 38, 39, 40, 41, 42, 43, 44, 45, 47, 48, 49, 50, 51, 52, 53A, 53B, 116, 121, 124, 125, and 126.
The extension was also granted to RDOs 46, 54A, 54B, 55, 56, 57, 58 59, 60, and 61 in the Calabarzon region.
In Mimaropa, the BIR extended the deadlines for RDOs 35, 36, 37, 62, and 63.
Bicol Region RDOs 64, 65, 66, 67, 68, 69, and 70 were also granted an extension of the tax deadline.
“If the extended due dates fall on a holiday or non-working day, the submission and/or filing contemplated herein shall be made on the next working day,†the bureau said.
At the end of September, the BIR has collected P2.9 trillion in taxes, falling short of its P2.12-trillion goal for the period. This also accounted for 73.52% of the total P2.8-trillion full-year collection target.
The BIR collects around 70% of the government’s overall revenue. — Beatriz Marie D. Cruz