revenue_memorandum_circular RMC No. 26-2020RMC No. 26-2020 2020-03-17

RMC No. 26-2020 — Prescribes the guidelines in the filing and payment of the corresponding taxes due per BIR Form Nos. 2550M, 1600WP, 2550Q, 1702Q, 2000, 2000-OT, 1600, 1601C and 2200M

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City RECOKDS NGI.OVIS!ON MAR 17.2020 Y3 tT7T 1

March 17, 2020

REVENUE MEMORANDUM CIRCULAR NO. ( - 2O 2 C

SUBJECT : Filing and Payment of the Corresponding Taxes Due Per BIR Form Nos.

for Corporation, Partnerships and Other Non- Individual Taxpayers, 2550M - Monthly Value- Added Tax Declaration, 1600WP- Monthly Remittance of Percentage Tax on Winnings and Prizes Withheld by Race Track Operators, 2550Q- Quarterly Value- Added Tax Declaration 2000-Documentary Stamps, 2000-OT Documentary Stamps (One Time (Cumulative for Three (3) Months), 1702Q- Quarterly Income Tax Return

Transaction), 1600-Monthly Remittance Return of Value-Added Tax and

Income Taxes Withheld on Compensation and 2200M- Excise Tax Return Other Percentage Tax Withheld, 1601C-Monthly Remittance Returns of for-Mineral Produets -

TO : All Internal Revenue Officers and Others Concerned

For the information and guidance of all concerned, and in line with the pronouncement of President Rodrigo R. Duterte declaring a State of Public Health Emergency throughout the Philippines, this Circular is being issued to reiterate that the following returns whose due dates/deadline fall within the quarantine period shall still be filed on the herein specified due dates, as follows :

BIR Forms/Returns Due Date

Filing & Payment of 2550M --Monthly Value- March 20, 2020 Added Tax Declaration for Non-eFPS Filers

eFiling/Filing & ePay/Remittance of 1600WP -- March 20, 2020 Monthly Remittance of Percentage Tax on Winnings and Prizes Withheld by Race Track Operators

eFiling/Filing & ePayment/Payment of 2550Q Quarterly Value- Added Tax Declaration March 25, 2020

(Cumulative for Three (3) Months), eFPS and Non-eFPS

eFiling/Filing & ePayment/Payment of 1702Q Quarterly Income Tax Return for Corporation, Partnerships and Other Non- Individual Taxpayers March 31, 2020

eFiling/Filing & ePayment/Payment of 2000 (DST) & 2000-OT (One Time Transaction) April 5, 2020

eFiling/Filing & ePayment/Payment of 1600 and eFiling/Filing & ePayment/Payment of 1600 with Monthly Alphalist of Payees and 1606 April 10, 2020 April 10, 2020

National Government Agencies (NGAs) 1601C -- Withholding Tax Remittance Return for

Filing & Payment/Remittance of 1601C -- Non- April 10, 2020 eFPS Filers

Filing and Payment/Remittance of 2200M Excise April 10, 2020

collected from payment to Sales of Mettalic Tax Return for the amount of Excise taxes Minerals

However, tentative returns can be filed on the above-stated due dates and taxpayers are given thirty (30) days from the aforesaid due dates within which to file the final tax returns and pay the taxes due thereon.

Taxpayers who are enrolled in eFPS shall continue to settle the tax liabilities with the Authorized Agent Banks (AAB) where the taxpayer is enrolled, while for those who shall file through the eBIRForms Facility, may use the following payment options:

1. Over-the-counter (OTC) payment through AAB; 2. Revenue Collection Officers (RCOs) in areas where there is no AABs; 3. Electronic/Online Payment: a) LandBank of the Philippines (LBP Link.biz Portal (for taxpayers who have ATM

account with LBP and/or holders of BancNet ATM/Debit/Prepaid Card and taxpayer utililizing PesoNet facility (depositor of RCBC and Robinsons Bank) b) Development Bank of the Philippines' (DBP) Pay Tax Online (for holders of

Visa/Mastercard Credit Card and/or BancNet ATM/Debit Card) c) Union Bank Online Web and Mobile Payment Facility (for taxpayer who has an

account with Union Bank of the Philippines) d) Mobile Payment (GCash/PayMaya)

Likewise, taxpayers who are not mandated to file and pay electronically has the option to use the eBIRForms facility or to file their tax returns manually. Filing of no payment returns shall be made through eBIRForms facility.

EA PRFYNOE

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MAR 17 2020 x 7}

RECORUS MGT. DIVISION

Withheld on Compensation and Final Withholding Taxes (BIR Form No. 1604-CF) and Extension In line with the filing/submission of the Annual Information Return of Income Taxes

together with its alphalist, are hereby further extended from March 31, 2020 to April 30, 2020. of the Deadline of Certificate of Compensation Payment (BIR Form No. 23 16) and the Annual Information Return of Creditable Income Taxes Withheld (Expanded) BIR Form No.1604-E),

All internal Revenue officers, and all concerned are hereby enjoined to give this Circular a wide a publicity as possible.

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Commissioner of Internal Revenue CAESAR R. DULAY

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MAR 1'7 2820 3: t R Vs(

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