RR No. 5-2020 — Amends RR No. 4-2019 relative to the availment period for the Tax Amnesty on Delinquencies (Published in Manila Bulletin on March 24, 2020)

MAR 2 3 2020 1:52 REPUBLICOFTHE PHILIPPINES

BUREAU OQUEZERCIYL REVENUE DEPARTMENT OF FINANCE

March 16,2020

REVENUE REGULATIONS NO.5-20Q0

SUBJECT Amends Revenue Regulations No. 4-2019 on Tax Amnesty on Delinquencies TO All Internal Revenue Officials and Others Concerned

SECTION 1. SCOPE.-Pursuant to the provisions of Section 244 in relation to Section 245 of the National Internal Revenue Code("NIRC"),as amended,and in consideration of the current circumstances prevailing in the country in relation to Worid Health Organization's declaration of Covid-19 Global Pandemic, the provision of Revenue RegulationsRR)No.4-2019 implementing Title IV of Republic Act(RA No.11213(Tax

its availment, necessitates its amendment Amnesty Act) on the Tax Amnesty on Delinquencies, particularly on the cut-off date for

SECTION 2. AMENDMENT.- Section 3-Coverage of RR 4-2019 is hereby amended to read as follows:

until April 23.2020.under any of the instances listed below. However.the said "All persons, whether natural or juridical, with internal revenue tax liabilities covering taxable year 2017 and prior years, may avail of Tax Amnesty on Delinquencies within one (1) year from the effectivity of these Regulations or

date may be extended if the circumstances warrant an extension such as in case of country-wide economic or health reason/s. XXX SECTION 3.REPEALING CLAUSE.- AIl rules and regulations and other revenue

modified or repealed accordingly issuances or parts thereof which are inconsistent with these Regulations are hereby

SECTION 4.EFFECTIVITY.- These Regulations shall take effect immediately

CARLOS G.DOMINGUEZ Secretary of Finance

Recommending Approval: MAR 18 2020

iesamwe

Commissioner of Internal Revenue CAESAR R. DULAY

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