Amending Revenue Memorandum Circular No. 36-2020

July 17, 2020REVENUE MEMORANDUM CIRCULAR NO. 072-20SUBJECT : Amending Revenue Memorandum Circular No. 36-2020   TO : All Revenue Officers, Concerned Employees and Others Concerned This Circular is hereby issued to amend Revenue Memorandum Circular (RMC) No. 36-2020, particularly Part C thereof, to remove the requirement of submission of photocopies of documents evidencing credit extensions and credit restructurings granted by covered institutions during the enhanced community quarantine (ECQ). Part C of RMC No. 36-2020 shall now read as follows:"C. REPORTORIAL REQUIREMENTSCovered institutions, including but not limited to banks, quasi-banks, financing companies, lending companies, and other financial institutions, public and private, including the Government Service Insurance System, Social Security System and Pag-IBIG Fund, shall submit, in hard and soft copy, a summary listing of all pre-existing loans, pledges and other instruments as of March 17, 2020 (commencement date of ECQ) which were granted extension of payment and/or maturity periods based on the following format:Name of the TaxpayerSummary Listing of Pre-Existing Loans, Pledges and Other Instruments with Granted Extension of payment and/or Maturity Periodsas of March 17, 2020 ...