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Let Us Not Forget Paying Our Taxes — RR 11-2020

Revenue Issuances

Revenue Regulation (R.R.) 11-2020 extends statutory deadlines for filing tax documents and making payments under the Bayanihan to Heal As One Act.

As economic conditions normalize, taxpayers must be aware of their pending obligations under the revised schedule.

Key Provisions

Extended Deadline Application

The extended deadlines apply throughout the Philippines for all taxpayers affected by the enhanced community quarantine.

Holidays & Non-Working Days

When deadlines fall on non-working days, submission moves to the next business day.

Further Extension Possibility

According to Section 3 of R.R. 11-2020: “In case of any extension due to another quarantine extension,” an additional fifteen-calendar-day extension may be granted.

Penalties for Non-Compliance

Failing to file and remit on time triggers substantial penalties:

  • 25% surcharge on basic tax due
  • 12% annual interest on late payments
  • Compromise penalties per RMO 7-2015

Don't wait until the last minute — review your pending obligations and file on time to avoid unnecessary costs.

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