Tax Alert No. 59 [Bank Bulletin No. 2020-08 dated 10 June 2020]

15 Jun 2020

Reiteration of Relevant Policies on the Acceptance of Annual Income Tax Returns and Payments 

The Commissioner of Internal Revenue has issued Bank Bulletin No. 2020-08 to reiterate the following responsibilities of the Authorized Agent Banks (AAB):

  1. Accept AITRs for Calendar Year 2019 until 15 June 2020;
  2. Extend banking hours until 5:00 P.M. on the acceptance of AITR; and
  3. Accept the tax payments from taxpayers who are already within the bank's premises by the close of the said extended banking hour.

You may access the full version of the Bank Bulletin on the BIR website.

Contact us

Lyn Golez-Geronan

Tax Librarian, PwC Philippines

Tel: +63 (2) 8845 2728 Ext. 2054

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