Tax Advisory on Extension of Deadlines
The Bureau of Internal Revenue issued Revenue Regulations (RR) No. 7-2020 pursuant to Section 4(z) of the Republic Act No. 11469, otherwise known as “Bayanihan to Heal As One Act” (RA No. 11469). The RR was promulgated as a temporary emergency measure to provide relief to taxpayers who are unable to submit, file and/or pay the necessary documents and/or taxes required under the Tax Code.
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