The Philippine Bureau of Internal Revenue has granted a ten-day reprieve for taxpayers who failed to submit their 2025 Audited Financial Statements through the eAFS system by the original 15 May deadline.
The Philippine Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No. 046-2026, which outlines the extension of the deadline for submitting 2025 Audited Financial Statements (AFS) and related attachments via the Electronic Audited Financial Statements (eAFS) system.
According to the Circular, taxpayers who were unable to successfully submit their AFS through the eAFS facility by 15 May 2026, or those who emailed their submissions but did not receive an official acknowledgement, now have until 25 May 2026 to submit or re-submit through the eAFS facility. Submissions made by this new date will not be subject to penalties for delayed submission.
Taxpayers who used the prescribed contingency email procedure (submitting to the official email of their respective Revenue District Office or Large Taxpayers Office) on or before 15 May 2026, and received an email acknowledgement are considered compliant. While they are not required to resubmit through the eAFS facility, they may still choose to do so.
BIR office heads are directed to ensure that designated email accounts are monitored and that all submissions are properly recorded and acknowledged.
This extension applies strictly to the submission of the AFS and its attachments. It is not an extension of the deadline for filing the Annual Income Tax Return itself.
All submissions remain subject to validation by the BIR, which reserves the right to require re-uploads, additional documents, or hard copies for audit and verification purposes.
