Over 3,500 Online Sellers Now Registered

Despite movement restrictions amid the COVID-19 quarantine, over 3,500 online businesses registered with the Bureau of Internal Revenue since June 1.

A recently issued BIR circular is a reminder to online sellers of their obligations to register with the BIR, in accordance with the Tax Code and its guidelines seven years ago.

Internal Revenue Deputy Commissioner Arnel Guballa said a total of 3,524 online sellers complied with the BIR’s reminder to register and pay their taxes. The BIR earlier gave online businesses one more month, or until August 31, to register without penalty. 

The original cutoff date was July 31, but Dulay acknowledged that “online merchants have signified their cooperation but are requesting for more time to comply due to the current problem in going to [BIR] district offices due to transport issues, fear of dealing face-to-face with others, limited open bank branches for their funding,” among others.

Source: https://business.inquirer.net/304036/over-3500-online-sellers-now-registered

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