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Tax deadline moved

Republika

Payment of all local taxes, fees, and charges imposed by local government units (LGUs) with deadlines falling on or after Sept. 14 this year has been extended to December 19, 2020.


The move is in compliance with the provisions of Republic Act 11494, or the Bayanihan to Recover As One Act (Bayanihan 2).


Under Department Circular (DC) No. 003-2020 issued by Finance Secretary Carlos Dominguez III, the counting of the period within which to pay local taxes, fees, and charges are also suspended until Dec. 19, 2020, including the period for the redemption of real properties sold or forfeited at public auction.


“In the event that an LGU had already extended the deadlines prior to the effectivity of RA 11494, such deadlines, if earlier than 19 December 2020, shall be deemed modified with the period set forth herein. Any further extension of deadlines beyond 19 December 2020 shall be authorized in accordance with the provision of RA 7160,” the circular states.
RA 7160 is the Local Government Code.


As a result of the mandatory extension of these payment limits, no interest, surcharge or any form of penalties shall be applied on any local tax, fee, or charge accruing on or due and demandable during the period covering such deadlines, the DC also states.

Photo by PNA


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