Philippines DOF Issues Rules on Tax Deadline Extensions under Bayanihan Act for COVID-19

The Philippines Department of Finance announced on 2 April 2020 the issuance of Revenue Regulations (RR) No. 7-2020 on the previously reported extensions for several different tax obligations due to the COVID-19 pandemic.

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DOF issues rules on tax deadline extensions under Bayanihan Act

Finance Secretary Carlos Dominguez III has issued the revenue regulations extending the deadlines for filing of tax returns, submission of documents, and the payment of taxes, pursuant to Republic Act (R…