Skip to main content

BIR extended the deadline for filing of assessment letters, correspondences, and VAT refund applications falling due during the ECQ and MECQ period. Suspension of the running of statute of limitations for the assessment and collection of taxes also implemented

By

Revenue Memorandum Circular Nos. 92 and 93-2021 issued on August 09, 2021

This Tax Alert is issued to inform all concerned taxpayers on the extended deadline for filing of letters, replies, position papers, protests, and documents related to on-going BIR assessments, and VAT refund applications falling due during the Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ) period, including extensions thereof, as well as, the suspension of the running of the statute of limitations for assessment and collection of taxes during such period/s.


The extended deadlines are as follows:

BIR extension


Face-to-face meetings of BIR officials and employees with taxpayers and/or authorized representatives in areas under ECQ/MECQ, are likewise deferred and rescheduled until the lifting of ECQ and/or MECQ.

Moreover, the running of the statute of limitations for assessment and collection of deficiency taxes is suspended in affected areas while ECQ and/or MECQ is in effect, and for sixty (60) days thereafter.

The above extension of deadlines and suspension of the statute of limitation shall also apply in case of any future declarations of ECQ and/or MECQ by the government.

You can visit BIR's website here to get copy of the revenue memorandum circulars 92-2021 ans 93-2021.



Comments

Post a Comment

Popular posts from this blog

REVENUE REGULATIONS (RR) 26-2002 : EFPS INDUSTRY GROUPS

By
The revenue regulation issued on 05 December 2002 as presented below, is a modified version of the original RR 26-2002 to cope with the needs of the users of this website and for easy understanding of Electronic Filing & Payment System (EFPS) implemented by the Bureau of Internal Revenue. follow the blog author through his  facebook  page, twitter , instagram , and google+ ___________________________________________________________________________________ REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City December 05, 2002 REVENUE REGULATIONS NO. 26-2002 SUBJECT : Amending Further Revenue Regulations No. 9-2001, as Amended by Revenue Regulations No. 2-2002 and Revenue Regulations No. 9-2002, Providing for the Staggered Filing of Returns of Taxpayers Enrolled in the Electronic Filing and Payment System (EFPS) Based on Industry Classification. TO : All Internal Revenue Officers and Others Concerned. SECTION 1. SCOPE. –...
Post a Comment
Read more

DOWNLOADABLE QUICKBOOKS PRO 2021 and older versions (Complete Package)

By
Enjoy full and complete access to your QuickBooks softwares by entering the License Numbers and Product Numbers below.  If you find this article very helpful, please donate  US $1  only through paypal.  Just click the "PAYPAL" icon below and this is a big help to support us in continuing this blogsite. (please donate through PayPal and enjoy cost-free and hassle-free quick books software by Intuit) QUICKBOOKS PRO ENTERPRISE (UK) 2021 License Number: 7482 8847 2621 492 Product Number:  919 801 QUICKBOOKS PRO ENTERPRISE 2020 License Number: 9068 3838 2777 984 Product Number: 875 560 QUICKBOOKS PRO NON-ENTERPRISE 2021 License Number: 1063 0575 1585 222 Product Number:  833 891 or 016 376 QUICKBOOKS PREMIER ACCOUNTANT US 2021 License Number:  2060 3140 2137 757 Product Number: 919 801 (note: alternative license to Pro Enterprise 2021 - no need for validation code) QUICKBOOKS PRO ENTERPRISE 2021 UK EDITION License Number: ...
34 comments
Read more

OPERATIONS AUDIT: DISCUSSION ASSIGNMENT WEEK 8

By
PROJECT MANAGEMENT & CHANGE MANAGEMENT Project management and change management are often confused. Although they both involve managing people and processes (and often work together to meet organizational goals), they are different disciplines (Lucid, n.d.). Understanding what those differences are and how both practices can (and should) work together to manage projects and their resulting changes is crucial for the success of your organization. The term “project management” can at once feel both obvious and vague. While most people intuitively understand what project management is, it’s useful to refer to the official definition. Project management is described as the application of knowledge, skills, tools, and techniques to meet project requirements. In other words, project management is about the process required to bring a team or product from point A to point B. To do this, project managers and their teams manage processes within five main project stages: Initiating Planning...
398 comments
Read more