Clarification on the Suspension of the Statute of Limitation Provided Under Revenue Regulations (RR) No. 11-2020
Revenue Memorandum Circular No. 136-20 • Bureau of Internal Revenue (BIR) Issuances • Revenue Memorandum Circulars • Dec 7, 2020
Full text
December 7, 2020 REVENUE MEMORANDUM CIRCULAR NO. 136-20 SUBJECT : Clarification on the Suspension of the Statute of Limitation Provided Under Revenue Regulations (RR) No. 11-2020 TO : All Revenue Officers and Others Concerned Item 32 in the matrix provided under RR No. 11-2020 pertains to the suspension of the statute of limitation provided under Sections 203 and 222 of the Tax Code. The said matrix provided that the suspension shall start from March 16, 2020, when the state of emergency was declared due to COVID-19 virus until sixty days after the lifting of the quarantine. With such suspension, the counting of the three (3)-year prescriptive period for the period to assess and the five (5)-year period to collect, shall exclude the number of days covered by the period of suspension, which is a total of one hundred thirty-seven (137) days. CAIHTE To illustrate: Original Prescriptive Date New Prescriptive Date Case 1 March 15, 2020 March 15, 2020 Case 2 March 16, 2020 July 31, 2020 Case 3 April 15, 2020 August 30, 2020 Case 4 June 15, 2020 October 30, 2020 Case 5 July 15, 2020 November 29, 2020 Case 6 April 15, 2021 August 30, 2021 All Revenue Officers and others concerned are enjoined to give this Circular as wide a publicity as possible. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.