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Philippines: Extended deadlines for income tax holiday incentive applications and other documents

Filing deadline for income tax holiday incentive applications extended to June 15, following the extension for the 2025 annual income tax return filing.

may 6, 2026

The Board of Investments (BOI) announced an extension for filing income tax holiday (ITH) incentive applications with the BOI Incentive Administration Service from May 15, 2026, to June 15, 2026. This extension was issued in consideration of the Bureau of Internal Revenue (BIR) extending the deadline for filing the 2025 annual income tax return from April 15, 2026, to May 15, 2026, without the imposition of penalties.

Additionally, the BOI has set the following deadlines for the submission of reports and documents to the BOI Legal and Compliance Service (BOI-LCS):

  • May 30, 2026: BOI Form S-1
  • June 15, 2026: Income tax return and audit financial statements

Read a May 2026 report prepared by the KPMG member firm in the Philippines

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