Revenue Memorandum Circular · RMC
RMC No. 16-2022
To clarify the scope and coverage of the extension of deadlines granted pursuant to Revenue Regulations (RR) No. 1-2022, particularly Section 2, items (1) and (3), in response to numerous queries received by the Bureau.
- Document type
- RMC
- Number
- 16
- Year
- 2022
- Text quality
- Not specified
Document text
Reference copy · verify against the official sourceThis circular clarifies the scope of the deadline extensions granted under RR No. 1-2022 amid the January 2022 Alert Level 3 (or higher) declarations. The extension covers submission of all required documents (including Inventory Lists), all tax and information returns (including Alphalists), and registration of books of accounts. For VAT refund claims, the 30-day extension follows the venue of filing: it applies even if the applicant is registered in an Alert Level 1 or 2 area, provided the claim is filed in an Alert Level 3 or higher area (e.g., at the VAT Credit Audit Division of the National Office), and it also extends the prescribed VAT refund processing period (e.g., a claim filed December 15, 2021 with a 90-day period to March 14, 2022 is extended to April 13, 2022). The extensions apply to taxpayers under Revenue Regional Offices, Revenue District Offices, and Large Taxpayers Service offices classified under Alert Level 3 or higher.