MS 30th Anniversary XXX
Advertisement

BIR: No extensions on deadline for ITR filing

Bureau of Internal Revenue (BIR) Commissioner Ceasar Dulay reminds taxpayers to file their Internal Tax Returns (ITR) before the deadline on April 17 this year.

He says, there will be no extensions.

Dulay made these statements in a press conference on Wednesday morning.

The original deadline of April 15 falls on Black Saturday, a non-working holiday, so it was moved to April 17, which is a Monday.

Late filers will have to pay a 25 percent surcharge on the tax due, 20 percent interest per year and compromise penalties.

BIR’s target collection for taxable year of 2016 is P 1.8 trillion.

Dulay believes the bureau will be able to reach this goal.

 

Topics: BIR , ITR , tax , deadline
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by The Standard. Comments are views by thestandard.ph readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of thestandard.ph. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with The Standard editorial standards, The Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementKPPI
Advertisement