Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469
Revenue Memorandum Circular No. 059-20 amends the provisions of RMC No. 47-2020 regarding temporary invoicing and receipting measures for taxpayers under the Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ) due to the Bayanihan to Heal as One Act. Taxpayers in these areas can continue using workaround procedures for issuing receipts and invoices, but must submit a summary of temporary receipts/invoices within 90 days after the lifting of quarantine measures. Conversely, businesses under General Community Quarantine (GCQ) and Modified General Community Quarantine (MGCQ) must cease these temporary measures as the conditions justifying them no longer apply. The Circular is effective immediately and aims for widespread dissemination among revenue officials and the public.
Quick Answers
- What is Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469 about?
- Revenue Memorandum Circular No. 059-20 amends the provisions of RMC No. 47-2020 regarding temporary invoicing and receipting measures for taxpayers under the Enhanced Community Quarantine (ECQ) and Modified Enhanced Community Quarantine (MECQ) due to the Bayanihan to Heal as One Act. Taxpayers in these areas can continue using workaround procedures for issuing receipts and invoices, but must submit a summary of temporary receipts/invoices within 90 days after the lifting of quarantine measures. Conversely, businesses under General Community Quarantine (GCQ) and Modified General Community Quarantine (MGCQ) must cease these temporary measures as the conditions justifying them no longer apply. The Circular is effective immediately and aims for widespread dissemination among revenue officials and the public.
- What type of law is Revenue Memorandum Circular No. 059-20?
- Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469 (Revenue Memorandum Circular No. 059-20) is a Philippine Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) Issuances enacted by the Congress of the Philippines.
- When was Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469 enacted?
- Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469 (Revenue Memorandum Circular No. 059-20) was enacted on May 29, 2020.
- What is the citation for Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469?
- Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469, Revenue Memorandum Circular No. 059-20, May 29, 2020 (Philippines)
Law Information
- Reference Number
- Revenue Memorandum Circular No. 059-20
- Date Enacted
- Subcategory
- Bureau of Internal Revenue
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
May 29, 2020
REVENUE MEMORANDUM CIRCULAR NO. 059-20
| SUBJECT | : | Amending the Provisions of Revenue Memorandum Circular (RMC) No. 47-2020 Relative to the Temporary Measures Adopted by Taxpayers on the Receipting/Invoicing Requirements Pursuant to Republic Act No. 11469 also known as "Bayanihan to Heal as One Act" |
| FOR | : | All Revenue Officials, Employees, and Others Concerned |
This Circular is hereby issued to amend the provisions of Revenue Memorandum Circular (RMC) No. 47-2020 prescribing guidelines on temporary measures adopted by taxpayers in compliance with receipting/invoicing requirements in relation to Republic Act No. 11469 also known as "Bayanihan to Heal as One Act."
In the said Circular, the workaround procedures provided therein shall be applicable to taxpayers registered in areas under Enhanced Community Quarantine (ECQ) to address the issues and concerns experienced by the aforesaid business entities on the issuance of duly authorized or approved receipts or invoices. However, the same procedures shall likewise be applicable to taxpayers covered by the Modified Enhanced Community Quarantine (MECQ) during such period. As a requirement, all taxpayers who adopted workaround procedures/temporary measures on the issuance of receipts/invoices during the periods of ECQ and MECQ are required to submit their Summary of Temporary Receipts/Invoices Issued (Annex "A" of RMC No. 47-2020) within ninety (90) days from the date of the lifting of ECQ and/or MECQ. CAIHTE
On the other hand, business entities covered under the General Community Quarantine (GCQ) and/or Modified General Community Quarantine (MGCQ) shall discontinue the use of these temporary measures allowed in RMC No. 47-2020 inasmuch as the difficulties being addressed therein no longer exist. Therefore, the use of the same during the periods of GCQ and/or MGCQ shall be considered in violation of the receipting/invoicing requirements.
All revenue officials, employees, and other concerned are hereby enjoined to give this Circular as wide a publicity as possible.
This Circular shall take effect immediately.
(SGD.) CAESAR R. DULAY
Commissioner of Internal Revenue
Cite This Law
Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469, Revenue Memorandum Circular No. 059-20, May 29, 2020 (Philippines)
Amending Provisions of RMC No. 47-2020 Relative to Temporary Measures Adopted by Taxpayers on Receipting/Invoicing Requirements Pursuant to RA No. 11469, Revenue Memorandum Circular No. 059-20 (Phil. 2020)
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