In view of the Enhanced Community Quarantine (ECQ) and Stringent Social Distancing Measures implemented by the National Government due to the outbreak of Coronavirus Disease 2019 (COVID-19), we would like to provide you with the PwC PH Withholding and VAT ECQ Guide which sets out the guidelines for withholding and value-added taxes (VAT).
Method of filing and/or payment
This Guide has updated and consolidated the filing/payment deadlines based on Revenue Memorandum Circular (RMC) No. 26 - 20, as amended by RMC Nos. 29 - 20 and 30 - 20, and may be updated further to cover issuances and guidelines that will be subsequently released by the Bureau of Internal Revenue (BIR).
We recognize the burden and responsibility of the National Government in ensuring sufficient funding to thrive through the crisis, and the challenges to the business industry in trying to keep the stability of the Philippine economy. We trust that this Guide will help spread updates and awareness, and encourage tax compliance during these very challenging times in support of the National Government and the taxpayers.
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