Special InTAX: September 2020 Issue 1 | Volume 4
InTAX is an official publication of R.G. Manabat & Co.'s Tax Group
InTAX is an official publication of R.G. Manabat & Co.'s Tax Group
Bureau of Internal Revenue
The Bureau of Internal Revenue (BIR) issued the following:
Revenue Memorandum Circular (RMC) No. 98-2020, 15 September 2020, clarifying the submission of BIR Form 1709 or the Related-Party Transaction (RPT) Form and its attachments, as prescribed in Revenue Regulations (RR) No.19-2020.
RMC No. 98-2020 extends the deadline of submission of BIR Form No. 1709 and its required documents as follows:
| Annual Income Tax Return | Extended Deadline |
Fiscal Year ending 31 March 2020 and 30 April 2020 |
29 December 2020 |
Fiscal Year ending 31 May 2020 and 30 June 2020 |
31 January 2021 |
Fiscal Year ending 31 July 2020 and 31 August 2020 |
1 March 2021 |
Fiscal Year ending 30 September 2020 and 31 October 2020 |
31 March 2021 |
Fiscal Year ending 30 November 2020 and Calendar Year ending 31 December 2020 |
30 April 2021 |
The RMC shall take effect immediately.
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