MTF UPDATES | RMC No 31-2020
Dear Valued Clients and Friends,
Revenue Memorandum Circular No. 31-2020: Extends the period of submission or filing of documents and correspondences pursuant to certain provisions in the Tax Code, as amended, and existing Revenue Regulations.
The submission or filing of documents and correspondences is extended as specified below.
| Documents/Correspondence | Extension |
| Letter Answer to Notice of Informal Conference (NIC) |
Extension of 30 days from the date of the lifting of the ECQ |
| Response to the Preliminary Assessment Notice (PAN) | |
| Protest Letter to Final Assessment Notice (FAN)/Formal Letter of Demand (FLD) | |
| Submission of relevant supporting documents to support the request for re-investigation of audit case with FAN/FLD | |
| Appeal/Request for reconsideration to the Commissioner on the Final Decision on Disputed Assessment (FDDA) | |
| Other similar letters and correspondences with due dates |
The said extension is applicable to: (a) taxpayers whose response to the received NIC, PAN, FAN, FLD, FDDA, and other similar notices fall due within the period of ECQ; and (b) taxpayers within Luzon and other jurisdictions where the concerned Local Government Unit have adopted and implemented the ECQ and/or other similar measures.
If you need assistance, or you need further clarification, please do not hesitate to contact us at info@mtfcounsel.com.
MATA-PEREZ, TAMAYO & FRANCISCO
March 24, 2020
#BureauOfInternalRevenue #RevenueMemorandumCircular #BIRRMC #BIRRMC312020 #PreliminaryAssessmentNotice #FinalAssessmentNotice #FormalLetterOfDemand #FinalDecisionOnDisputedAssessment #PAN #FAN #FLD #FDDA