Acceptance of Tax Returns/Payments of Internal Revenue Taxes by Authorized Agent Banks (AABs) on March 25, 2023 and April 1, 2023, Saturdays and Extension of Banking Hours up to 5:00 P.M. for the Period April 1-17, 2023

February 8, 2023 BANK BULLETIN NO. 2023-02 TO : All BIR Authorized Agent Banks SUBJECT : Acceptance of Tax Returns/Payments of Internal Revenue Taxes by Authorized Agent Banks (AABs) on March 25, 2023 and April 1, 2023, Saturdays and Extension of Banking Hours up to 5:00 P.M. for the Period April 1-17, 2023 In accordance with the provision of the Memorandum of Agreement executed by the AABs, Bureau of Internal Revenue and the Bureau of the Treasury, more particularly item 2.1.2 of the bank obligations which states that: "The AAB shall: 1. x x x 2. x x x 2.1.1 x x x 2.1.2 To open bank operations two (2) Saturdays immediately prior to April 15 of every year and extend banking hours from 3:00 P.M. to 5:00 P.M. from April 1 to income tax payment deadline"; All AABs are hereby reminded to open two (2) Saturdays prior to April 15 Annual Income Tax deadline, as stated on the above provision of the MOA. Thus, AABs are advised to open and accept tax payments on March 25, 2023 and April 1, 2023 , considering that April 8, 2023 is declared as a regular holiday (Black Saturday); and to extend banking hours up to 5:00 P.M. for the period April 1 to April 17, 2023, since April 15, 2023 would fall on a Saturday. In connection thereto, all income tax payments that will be accepted on March 25, 2023 and April 1, 2023, shall be reported in the Batch Control Sheet (BCS) as collection for the following working day, March 27, 2023 and April 3, 2023, respectively. However, the machine validation of the Annual Income Tax Return (AITR) in the deposit slip for the tax payment received shall be on the date of the actual receipt of collection. The remittance of the tax collections and the submission of the BCS, together with the supporting income tax returns and attachments, shall be in accordance with the existing procedures. For your guidance and strict compliance. (SGD.) ROMEO D. LUMAGUI, JR. Commissioner of Internal Revenue