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BIR grants relief to Taal-affected taxpayers in Batangas

By: - Reporter / @bendeveraINQ
/ 01:18 PM January 24, 2020

MANILA, Philippines — Amid the unrest of Taal Volcano, the Bureau of Internal Revenue (BIR) has temporarily suspended tax filing and payments in Batangas province.

The relief for victims displaced by the volcanic eruption was contained in Revenue Memorandum Circular (RMC) No. 7-2020 issued by Internal Revenue Commissioner Caesar R. Dulay last January 14.

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“In view of the announcement of Batangas Gov. Mark Leviste, declaring the province of Batangas under the state of calamity due to the recent volcanic eruption of the Taal Volcano affecting numerous cities, towns, and municipalities in its vicinity, this office found it proper to suspend the deadlines for the month of January, on the filing and payment of tax returns in the area until such time that the situation returns to normal,” BIR said.

Covered by the BIR circular were taxpayers under the jurisdiction of Revenue District Offices (RDOs) No. 58 in Batangas City for West Batangas, as well as No. 59 in Lipa City for East Batangas.

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BIR will not slap any penalty for late filing and payments of January tax returns in the two RDOs.

The country’s biggest tax-collection agency said it will issue an advisory when regular operations in Batangas would resume.

For 2020, BIR had programmed to collect P11.2 billion in taxes from its East Batangas RDO on top of P6.5 billion from West Batangas, Revenue Memorandum Order (RMO) No. 2-2020 showed.

For the month of January alone, the target collections from East Batangas amounted to P971,604 and P595,557 from West Batangas, the bulk of which will come from income taxes worth P669,313 and 316,672, respectively.

Inquirer calls for support for the victims of Taal volcano eruption
Responding to appeals for help, the Inquirer is extending its relief to the families affected by the recent eruption of Taal volcano.
Cash donations may be deposited in the Inquirer Foundation Corp. Banco De Oro (BDO) Current Account No: 007960018860.
Inquiries may be addressed and emailed to Inquirer’s Corporate Affairs office through [email protected]
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TAGS: Batangas, BIR, Business, Disaster, local news, News, Philippine news updates, Revenue Memorandum Circular No 7-2020, Taal, Taal eruption, taxation, volcano
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