Special InTAX: April 2021 Issue 3 | Volume 2

Bureau of Internal Revenue

The Bureau of Internal Revenue (BIR) issued an Advisory, 28 April 2021, to clarify the filing of amended Annual Income Tax Returns (AITR) and its attachments for the taxable period ending 31 December 2020.

Below are the clarifications provided in the advisory:

• Filing of the amended Annual Income Tax Returns (AITR) for taxable year ended 31 December 2020 shall be made on or before 15 May 2021.

• Submission of the required attachments to the electronically filed amended AITR shall be made on or before 30 May 2021 to the Revenue District Office where the taxpayer is registered or through the Electronic Audited Financial Statement (eAFS) System.

• No penalty shall be imposed for non-submission of attachments to the filed AITR which will later be amended on or before 15 May 2021.

• Taxpayers who filed the tentative AITR electronically without the required attachments on or before 15 April 2021 shall submit the said attachments to the amended AITR on or before 30 May 2021.

• Taxpayers who already submitted attachments to the tentative AITR but will amend the returns as a result of correction of tax rates used do not need to resubmit the same documents.

• Taxpayers amending their returns for reasons other than correction of tax rates used shall make the required submission on or before 30 May 2021, provided that there are no revisions and/or changes that resulted from the amendment on the documents already submitted. Attachments to the amended AITR need not be resubmitted.

Attached is the full text of the issuance.

Advisory Annual Income Tax Returns (AITR)