Revenue Memorandum Circular No. 28-2014 dated 16 April 2014 Waiver of Penalties for Electronic Filing and Payment System (eFPS) Taxpayers

16 April 2014

The Commissioner of Internal Revenue (“CIR”) has issued Revenue Memorandum Circular (“RMC”) No. 28-2014 dated 16 April 2014 to inform that, in view of the system downtime on April 15, 2014 due to the volume of taxpayers filing/paying thru eFPS, penalties attendant to late filing of returns and payment of the income tax/es for the taxable year ended December 31, 2013 and quarter ended March 31, 2014, are hereby waived.

The RMC further clarifies the following:

1. The waiver strictly covers eFPS-registered taxpayers and tax returns filed today, 16 April 2014.

2. Those eFPS-enrolled taxpayers who have already manually filed and paid their income tax due for above taxable periods will not be imposed of penalties and must refile their returns via eFPS until 25 April 2014.