BIR Clarifies the Deadline of Filing Documentary Stamp Taxes Return and Payment provided under Republic Act No. 11976 or the “Ease of Paying Taxes Act”

RMC No. 67-2024 clarifies that the EOPT Act did not amend the deadline for filing DST returns and paying DST. Under Section 200(B) of the Tax Code, the period is fixed by DOF regulations; the 10-day period applies only in their absence. Since RR No. 6-2001 prescribes the period, DST returns must still be filed, and the tax paid, within five (5) days after the close of the month when the taxable document was made, signed, accepted or transferred.

RMC No. 67-2024 clarified the proper interpretation of Section 200(b) stating that the general rule is that the Secretary of Finance upon recommendation of the Commissioner of Internal Revenue may fix the period for filing and payment of documentary stamp taxes through promulgation of rules and regulations. In the absence of such issuance by the Secretary of Finance, the tax return shall be filed within 10 days after the close of the month when the taxable document was made, signed, accepted, or transferred, and payment shall be made at the time the return is filed.