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Wednesday, April 17, 2024

DOF extends tax payment to June 25

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The Department of Finance said it extended the deadlines on the payment of local taxes and fees to June 25 and waived the penalties and surcharges during the extended enhanced community quarantine period.

It said in a statement the move was in line with the provisions of Republic Act 11469, or the Bayanihan to Heal as One Act, which seeks to provide relief to Filipinos impacted by the severe disruption of economic activities brought about by the coronavirus disease 2019.

The department issued on April 23 Department Circular No. 002-2020 which extended deadlines for the payment of “taxes, fees, and charges of local government units, pursuant to Section 4 (z)” of RA 11469.

Finance Secretary Carlos Dominguez III said in a letter transmitting the circular to Interior and Local Government Secretary Eduardo Año that it was the DOF’s view that Section 4 (z) should be “liberally construed to include all LGUs.” 

Dominguez said the DOF issued DC 002-2020 “for the uniform adoption and implementation by all LGUs on the extension of deadlines for the payment of local taxes, fees, and charges and providing relevant guidelines for the purpose.

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