May 14, 2020
REVENUE REGULATIONS NO. 12-20
| SUBJECT | : | Amends Revenue Regulations No. 10-2020, as Amended by Revenue Regulations No. 11-2020, Relative to the Extension of Statutory Deadlines and Timelines for the Filing and Submission of Any Document and the Payment of Taxes Pursuant to Section 4 (z) of Republic Act No. 11469, Otherwise Known as "Bayanihan to Heal as One Act" |
| TO | : | All Internal Revenue Officials and Others Concerned |
SECTION 1. Purpose. — Pursuant to Section 4 (z) of Republic Act No. 11469, otherwise known as "Bayanihan to Heal as One Act," declaring the existence of a national emergency arising from the Corona Virus Disease 2019 (COVID-19), and in consideration of the revenue need of the government, these Regulations are hereby promulgated to amend certain provisions of RR No. 10-2020, as amended by RR No. 11-2020, particularly on the extension of deadlines to submit, file and/or pay the necessary documents and/or taxes required under the Tax Code, as amended, as well as in the existing revenue regulations.
SECTION 2. Amendment to Section 2....
