DOF sets rules on tax deadline extension under Bayanihan Act

DAVAO CITY —  The Department of Finance issued Revenue Regulations (RR) No. 7-2020 dated March 30, 2020, extending the deadlines for filing of tax returns, submission of documents, and the payment of taxes, pursuant to Republic Act No. 11469, otherwise known as “Bayanihan to Heal as One Act.” “By moving the statutory and regulatory deadlines …