MTF Updates – BIR RMC No. 43-2020
Dear Valued Clients and Friends,
We are sending to you a copy of Bureau of Internal Revenue (BIR) Revenue Memorandum Circular (RMC) No. 43-2020 dated April 17, 2020, entitled, “Prescribes the guidelines in the acceptance of payment of internal revenue taxes during the Enhanced Community Quarantine period”.
During the Enhanced Community Quarantine (ECQ) period, taxpayers may:
- Pay taxes at the nearest Authorized Agent Banks (AABs), notwithstanding Revenue District Office (RDO) jurisdiction;
- File and pay taxes to the concerned Revenue Collection Officers (RCOs) of the nearest RDO, even in areas where there are AABs.
Payment in cash should not exceed PhP20,000.00.
Payment in check is without limit, if made with the RCO in the district office during the ECQ period. All checks must be made payable to the BIR and the name of receiving AAB branch may no longer be indicated in the check for tax payment.
Should you have questions on the above article, please do not hesitate to contact us at info@mtfcounsel.com.
Thank you,
Mata-Perez, Tamayo & Francisco
April 21, 2020
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