AMID a thriving digital economy in the country, the Bureau of Internal Revenue has introduced a new regulatory measure that covers all persons engaged in business using digital platforms.Revenue Regulations 15-2024, released on Aug.
Moreover, lessors, sub-lessors of commercial establishments/buildings/space, and operators of digital platforms are responsible for ensuring their tenants and online sellers are properly registered with the BIR. Lessors and digital platforms may incur fines of P20,000 per branch or establishment for allowing unregistered sellers to operate.