Philippine govt extends tax amnesty to June 2021


MANILA (Philippine Daily Inquirer/ANN): Amid the prolonged Covid-19 quarantine limiting movement of people as well as slowing revenue collection due to the pandemic-induced recession, taxpayers with unsettled dues have been given until the middle of next year to avail themselves of the ongoing delinquencies amnesty as well as voluntary assessment and payment programme (VAPP) for 2018 taxes.

In Revenue Regulations No. 32-2020 published on Tuesday (Dec 22), Finance Secretary Carlos Dominguez III and Commissioner Caesar Dulay of the Bureau of Internal Revenue (BIR) extended the deadline for the tax amnesty on delinquencies to June 30,2021. This programmewas supposed to end on Dec 31,2020.

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