This is a briefing on the issuances as of June 6, 2020 on the following matters in relation to the COVID-19 pandemic:
A. Businesses Not Allowed to Operate during the ECQ and MECQ are Now Entitled to a Grace Period on Commercial Lease Rentals
(See DTI Memorandum Circular No. 20-29 dated June 2, 2020, https://dtiwebfiles.s3-ap-southeast-1.amazonaws.com/COVID19Resources/COVID-19+Advisories/020620_MC2029.pdf; DTI Memorandum Circular No. 20-30 dated June 2, 2020, https://dtiwebfiles.s3-ap-southeast-1.amazonaws.com/COVID19Resources/COVID-19+Advisories/020620_MC2030.pdf)
B. Additional Guidelines issued by the Bureau of Internal Revenue (BIR) for the Tax Payments due on June 14
(Revenue Memorandum Circular No. 56-2020 dated May 26, 2020, https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2020%20RMCs/RMC%20No.%2056-2020.pdf; Revenue Memorandum Circular No. 49-2020 dated May 22, 2020,https://www.bir.gov.ph/images/bir_files/internal_communications_1/Advisory/posted%20during%20quarantine%20march%202020/RMC%20No.%2049-2020.pdf)
C. BIR Guidelines on How to Withdraw a Protest or Appeal Electronically to Avail of Tax Amnesty until June 15
(Revenue Memorandum Circular No. 52-2020 dated May 27, 2020, https://www.bir.gov.ph/images/bir_files/internal_communications_1/Advisory/posted%20during%20quarantine%20march%202020/RMC%20No.%2052-2020.pdf)
D. Court Hearings via Videoconferencing to Continue During GCQ
(Supreme Court Announcement dated May 31, 2020, http://sc.judiciary.gov.ph/11536/; Office of the Court Administrator Circular No. 100-2020 dated June 3, 2020; http://sc.judiciary.gov.ph/11587/)
E. Online Applications with the Company Registration and Monitoring Department (CRMD) of the Securities and Exchange Commission (SEC)
(SEC Notice dated June 3, 2020, http://www.sec.gov.ph/wp-content/uploads/2020/06/2020NOTICE_GCQ-CRMD.pdf)
The full text of the bulletin can be found below: