SyCipLaw Bulletin #31: Supreme Court, BIR and IPOPHL Issuances in relation to MECQ

SyCipLaw has issued a bulletin on COVID-19 related issuances as of August 8, 2020.The bulletin covers the following matters:  A. Supreme Court (SC) Suspends Reglementary Periods for Filing of Pleadings with Courts in Modified Enhanced Community Quarantine (MECQ) Areas  B.…

SyCipLaw Bulletin #24: GCQ over Metro Manila further extended until July 15; Period to apply for VAT refund extended

This is a briefing on the issuances as of July 1, 2020 on the following matters in relation to the COVID-19 pandemic: A. General Community Quarantine (GCQ) over Metro Manila is further extended until July 15, 2020  (See Metro Manila stays under…

SyCipLaw Bulletin # 21: More Businesses Entitled to a Grace Period on Lease Rentals; New BIR Guidelines for June 14 Tax Payments

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…

SyCipLaw Bulletin # 19: Revised IATF Omnibus Guidelines; No Further Extension of Deadlines to Pay Taxes

This is a briefing on the issuances as of May 24, 2020 on the following matters in relation to the COVID-19 pandemic: A. IATF Revises the Omnibus Guidelines on the Implementation of Community Quarantine in the Philippines (IATF Resolution No. 38…

SyCipLaw Bulletin # 12: Further extension to pay taxes; Other COVID-19 related issuances

The following updates, among others, were covered by SyCipLaw’s bulletin to its clients: A. The Secretary of Finance has issued Revenue Regulations (RR) No. 10-2020 dated April 9, 2020 to amend RR No. 7-2020 “in consideration of the extension of…

SyCipLaw Bulletin # 11: Enhanced Community Quarantine Extended until April 30; Bayanihan Act IRRs

The Enhanced Community Quarantine (ECQ) over Luzon has been extended until 11:59 PM of April 30, 2020. This is pursuant to the Memorandum issued on April 7, 2020 by the Executive Secretary. The ECQ period was initially from March 17…

SyCipLaw Bulletin # 9: Issuances to Implement the Bayanihan To Heal As One Act (Bayanihan Act)

A. On April 1, 2020, the Department of Finance (DOF) issued the Implementing Rules and Regulations (IRR) for Section 4 (aa) of the Bayanihan Act, which rules will take effect immediately upon publication. According to the finance department, the rules…

SyCipLaw Bulletin # 8: Extension of Deadlines to Pay National Taxes, Local Business Taxes, to Avail of Tax Amnesty, and to Submit Documents to the BIR

A. The Commissioner of Internal Revenue has extended the deadlines for the filing of returns and payment of annual income tax and other taxes by issuing RMC No. 28-2020 (Filing of the 2019 Income Tax Returns and Submission of Required Attachments) dated…