Revenue Regulations No. 6-2023: Amending Certain Provisions of Revenue Regulations No. 13-2010 Regarding Late/Out-of-District Filing of Tax Returns

On 11 April 2023, Revenue Regulations (“RR”) No. 6-2023 (the “Regulations”) was promulgated to amend certain provisions of RR No. 13-2010 regarding Late/Out-of-District Filing of tax returns. The salient amendments are as follows:

Out-of-District Filing of Returns

The Regulations now expressly provides for the imposition of penalty equivalent to 25% of the tax due on improper filing (i.e., wrong venue) of relevant returns, unless such filing is authorized by the Commissioner of the Internal Revenue. 

An additional exception to the non-acceptance of out-of-district returns was also provided, in that taxpayers may now file a return and pay the corresponding tax due thereon anywhere if there is a pronouncement through a revenue issuance/bank bulletin that the taxpayer concerned can do so. 

Late Filing of Returns

The Regulations provides that an authorized agent bank (“AAB”) or revenue collection officer may accept late filing of return provided that the return has been stamped with either “LATE FILING” or “LATE FILING, INCREMENTS NOT PAID” (the “Qualifiers”).

A new provision was also added by the Regulations – that upon retrieval from the AAB, the revenue district office, large taxpayer district office and large taxpayer division shall impose the applicable penalties on late returns that have been stamped with the Qualifiers.