Tax Digest
Volume 10,
Series 60
Extended Filing Deadline of Annual Income Tax Return

In the upcoming filing of income annual income tax return on April 15, 2017, the BIR and the Bureau of Treasury (BTr)’s Memorandum of Agreement (MOA) was executed to extend the day and time of the Authorized Agent Banks (AABs). In the said MOA, the AABs shall open bank operations two (2) Saturdays immediately prior to April 15 of every year and extend banking hours from 3:00 p.m. to 5:00 p.m. from April 1 to income tax payment deadline. Moreover, being that this year’s April 15 will fall on Black Saturday, the AABs are also advised to accept tax payments until 5 pm of April 17, 2017.

Revenue Memorandum Circular No. 12-2017
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