RMC No. 136-2020 — Clarifies the suspension of the statute of limitation provided under Revenue Regulations (RR) No. 11-2020 Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF TNTERNAL REVENUE Quezon City Decemb et '/ ,, 2020 REVENUE MEMORANDUM CIRCUL,^.R NO. I? b - &O &O SUBJECT Clarification on the Suspension of the Statute of Limitation Provided TO Under Revenue Regulations (RR) No. ll-2020 All Revenue Officers and Others Concerned Item 32 in the matrix provided under RR No. 1l-2020 pertains to the suspension of the statute of limitation provided under Section 203 and 222 of the Tax Code. The said matrix provided that the suspension shall start from March 16,2020, when the state of emergency was declared due to COVID 19 virus until sixty days after the lifting of the quarantine. With such suspension, the counting of the three (3)- year prescriptive period for the period to assess and the t-rve (5)-year period to collect, shall exclude the number of days covered by the period of suspension, which is a total of one hundred thirty-seven (137) days. To illustrate: Case 1 Original Prescriptive Date New Prescriptive Date Case 2 March 15,2020 March 15,2020- Case 3 March 16,2020 July 31,2020 Case 4 April 15,2020 August 30,2020 Case 5 June 15,2020 October 30,2020 Case 6 July 15, 2024 April t5,2021 November 29,2020 August 30, 2021 All Revenue Officers and others concerned are enjoined to give this Circular as wide a publicity as possible. /ttv4:,sa, CAESAR R. DULAY Commissioner of Internal Revenue -ll 038684 I t