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Tax Alert

Authorized Agent Banks (AABs) to operate on April 5 and 12, 2025 and extend banking hours to 5:00 PM for the period April 1-15, 2025 to accept tax returns and payments

(Bank Bulletin No. 2025-01 issued on January 28, 2025)

This Tax Alert is issued to inform all concerned taxpayers that AABs have been advised to accept tax payments on April 5, 2025 and April 12, 2025, both Saturdays, and to extend banking hours to 5:00 pm for the period April 1 to April 15, 2025. 

Pursuant to the Memorandum of Agreement executed by the Authorized Agent Banks (AABs), Bureau of Internal Revenue (BIR), and the Bureau of Treasury (BTr), AABs shall open its bank operations for two (2) Saturdays immediately prior to April 15 of every year and extend banking hours from 3:00 PM to 5:00 PM from April 1 to income tax payment deadline. 

In connection thereto, AABs shall be open on April 5 and 12, 2025, and shall extend banking hours to 5:00 pm for the period April 1 to April 15, 2025. 

Income tax payments collected on April 5 and 12, 2025 shall be reported in the Batch Control Sheet (BCS) as collection for the following working day, April 7, 2025, and April 14, 2025, respectively. However, the machine validation of the Annual Income Tax Return (AITR) in the deposit slip for the tax payment received shall be on the date of the actual receipt of collection. The remittance of tax collections, submission of BCS, together with the supporting income tax returns and attachments, shall be in accordance with the existing procedures.

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