Extending the April 16 Deadline for the Filing of 1978 Income Tax Returns to April 30, 1979

April 5, 1979 REVENUE MEMORANDUM CIRCULAR NO. 21-79 SUBJECT : Extending the April 16 Deadline for the Filing of 1978 Income Tax Returns to April 30, 1979 TO : All Internal Revenue Officers and others concerned For the information and guidance of all concerned, notice is hereby given that the April 16 deadline for the filing of income tax returns for the calendar year ended December 31, 1978, by taxpayers required by law to file their returns on said date has been extended by the Commissioner of Internal Revenue to April 30, 1979, pursuant to Section 47 of the National Internal Revenue Code. This extension has been granted upon the petition of various groups of taxpayers and professional organizations on the ground that many taxpayers, on account of the intermittent brownouts that have been occurring in various places and of the coming holidays, might be unable to finish their 1978 income tax returns and their accompanying statements and schedules in time to meet the April 16 deadline. The extension of the deadline is however subject to the condition, as prescribed by law, that the tax or installment due shall earn interest at the rate of 14% per annum from the original due date, but no surcharge shall be imposed. All internal revenue officers and others concerned are hereby enjoined to be guided accordingly and to give this Circular as wide a publicity as possible. aisa dc EFREN I. PLANA Acting Commissioner