Death and taxes. This pretty much sums up Revenue Regulations (RR) 6-2019, issued by the Department of Finance and the Bureau of Internal Revenue (BIR), implementing the estate tax amnesty provisions of Republic Act (RA) 11213, the “Tax Amnesty Act of 2019” or Tax Amnesty Act. The regulations take effect fifteen days from the date of its publication, which will be on June 15, 2019.

In our April 21 article, we discussed Revenue Regulations (RR) 4-2019, the implementing rules and regulations covering the Tax Amnesty on Delinquencies (TAD) under Republic Act 11213, the
“Tax Amnesty Act of 2019.” The regulations took effect on April 24, 2019.

In our previous articles, we’ve discussed Republic Act (RA)–1213, the “Tax Amnesty Act of 2019” (Tax Amnesty Act), particularly the fact that President Duterte vetoed several provisions, specifically the General Tax Amnesty (GTA). The GTA was supposed to cover all national internal revenue taxes (i.e., income tax, withholding tax, value-added tax, etc.), with or without assessments, that have remained unpaid as of Dec. 31, 2017.

With the April 15 deadline for the payment of income tax looming in the background, you can expect an effort, mostly from the Bureau of Internal Revenue (BIR), to drum up the public’s interest on the importance of paying taxes. The BIR’s message is actually more of a reminder for taxpayers not to miss the April 15 deadline (or better yet, to pay early to avoid the long lines).