Published December 22, 2020, 3:28 PM
The Department of Finance (DOF) has extended the deadline for the availment of the Voluntary Assessment and Payment Program up to June 30, 2021.
Earlier, the DOF also moved the deadline of the tax amnesty on delinquencies for another six months, or from Dec. 31, 2020 to June 30, 2020.
VAPP allows delinquent taxpayers to voluntarily settle tax liabilities incurred in 2018 to avoid paying penalties when tax authorities uncovered deficiencies during investigation.
The BIR said it has already raised more than P200 million from VAPP.
Many of those who availed themselves of the program were owners of small and medium scale businesses.
The VAPP regulations stated that taxpayers whose applications are rejected may still appeal with the regional director or the assistant commissioner for the Large Taxpayers Service where they are registered.
DoF extends tax amnesty, payment program deadlines – The Manila Times
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DOF extends deadlines on tax amnesty, voluntary assessment program to June 2021 By TED CORDERO, GMA News
Published December 22, 2020 11:36am The Department of Finance (DOF) said Tuesday it has extended the deadlines for availing of the Tax Amnesty on Delinquencies (TAD) and Voluntary Assessment and Payment Program (VAPP). The DOF issued Revenue Regulations (RR) Nos. 32-2020 and 33-2020 extending the respective deadlines of the TAD and VAPP until June 2021. The original deadline for availing of the TAD was on December 31, 2020, as stated under RR No. 15-2020. The said revenue regulation was an amendment to RR Nos. 11-2020, 10-2020, and 7-2020, which were issued by the Bureau of Internal Revenue (BIR) to implement Republic Act (RA) No. 11213, or the Tax Amnesty Law.
Taxpayers were given more time to avail of the government’s Tax Amnesty on Delinquencies (TAD) and Voluntary Assessment and Payment Program (VAPP).
In a statement on Tuesday, the Department of Finance (DoF) said it has issued Revenue Regulations (RR) 32-2020 and 33-2020 lengthening until June 30, 2021 the respective deadlines for availing of the TAD and VAPP.
The original deadline for availing of the TAD was December 31, 2020, as stated under RR No. 15-2020. This revenue regulation was an amendment to RR Nos. 11-2020, 10-2020, and 7-2020, which were issued by the Bureau of Internal Revenue (BIR) to implement Republic Act (RA) 11213, or the “Tax Amnesty Law,” it noted.
Published December 22, 2020, 2:59 PM
The Department of Finance (DOF) has extended the deadlines for availing of the tax amnesty on delinquencies (TAD) as well as voluntary assessment and payment program (VAPP).
In a statement, the DOF said that it issued Revenue Regulations (RR) Nos. 32-2020 and 33-2020 to effectively extend the deadlines for the TAD and VAPP until June 30, 2021.
The original deadline for availing of the TAD was December 31 this year, under RR No. 15-2020.
The latest revenue regulation was also an amendment to RR Nos. 11-2020, 10-2020, and 7-2020, which were issued by the Bureau of Internal Revenue (BIR) to implement Republic Act (RA) No. 11213, or the Tax Amnesty Law.
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