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Dear Valued Clients and Friends, We are sending to you a copy of Bureau of Internal Revenue (BIR) Revenue Memorandum Circular (RMC) No. 37-2020 dated April 6, 2020, entitled “Filing of the Tax Returns and Payment of Taxes before the Extended Deadline.” Taxpayers who file their tax returns within the...

Dear Valued Clients and Friends, We are sending to you a copy of Bureau of Internal Revenue (BIR) Revenue Memorandum Circular (RMC) No. 36-2020 dated April 6, 2020, entitled “Further Clarification on the Exemption from Documentary StampTax (DST) Relief for Qualified Loans pursuant to Revenue Regulations...

Dear Valued Clients and Friends, We are sending to you a copy of Bureau of Internal Revenue (BIR) Revenue Memorandum Order (RMO) No. 10-2020 dated March 30, 2020, which provides for the exemption from Authority to Release Imported Goods (ATRIG) requirements of all goods imported under Section 4, Paragraph...

Dear Valued Clients and Friends, We are sending to you a copy of Bureau of Internal Revenue (BIR) Revenue Regulations (RR) No. 08-2020 dated April 2, 2020, which implements  Section 4(aa) of the Republic Act No. 11469, otherwise known as the Bayanihan To Heal As One Act. Pursuant to Sec. 4(aa) of...

Dear Valued Clients and Friends, We send to you a copy of Bureau of Internal Revenue (BIR) Revenue  Regulations No. 7-2020 dated March 30, 2020, which implements  Section 4 of Republic Act No. 11469 otherwise known as the Bayanihan to Heal as One Act and compiles the extension of the statutory deadlines...

By: Atty. Euney Marie Mata-Perez on 2Apr20 The coronavirus disease 2019 (Covid-19) pandemic is greatly affecting all of us. To contain or manage the pandemic, the government imposed an enhanced community quarantine (ECQ) covering Luzon, which we hope would end on April 12. Due to the serious threat...

Dear Valued Clients and Friends, We are sending you a copy of SSS Circular No. 2020-006, dated March 28, 2020: Extension of Deadline of Remittance Contributions. The SSS approved the extension of deadline of remittance of contributions by employers (Regular and Household) and self-employed,...

Dear Valued Clients and Friends,  The Bureau of Customs, in a Memorandum dated March 23, 2020 (please see attached),  has SUSPENDED the 7-day period to lodge goods declaration for the duration of the enhanced community quarantine (ECQ). “At any time during the declaration of ECQ, lodgement and...

Dear Valued Clients and Friends, Revenue Memorandum Circular No. 33-2020: Extends Deadline of Tax Amnesty on Delinquencies under Revenue Regulations (RR) No. 4-2019, as amended by RR No. 5-2020. Pursuant to RR No. 5-2020 which stated that the availment of the Tax Amnesty on Delinquencies may be extended...