Pangilinan urges DOF to extend deadline of filing ITRs

Published March 17, 2020, 12:00 AM

by manilabulletin_admin

By Mario Casayuran

Opposition Senator Francis N. Pangilinan urged Department of Finance (DOF) Secretary Carlos Dominguez on Tuesday to extend the deadline for the filing of income tax returns (ITR) given the enhanced community quarantine in Luzon.

Senator Francis "Kiko" Pangilinan (Photo from Kiko Pangilinan website / kikopangilinan.com / MANILA BULLETIN)
Senator Francis “Kiko” Pangilinan (Photo from Kiko Pangilinan website / kikopangilinan.com / MANILA BULLETIN)

Pangilinan said the Philippine Tax Code gives the Bureau of Internal Revenue (BIR) Commissioner, who is under the DOF, the power to extend the period for filing returns in “meritorious cases” (Section 53 of the Tax Code).

He explained there would be no penalty imposed if the period of filing is extended.

“We request for at least a month-long or longer extension for the filing of income tax returns because the accountants who prepare the returns cannot report for work as:

1. They are not considered employees of essential/vital industries;

2. The finance and accounting documents are in their respective offices;

3. They would not have enough time to examine the documents from April 12, when the quarantine is lifted, and April 15, the deadline for the filing of tax returns.”

Employees or income tax filers, after a month-long quarantine, would only have three days to get and prepare their ITRs from their offices.

April 13 is a Monday.

 
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