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DOF to online sellers: Registering business with BIR comes with gov’t benefits

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“It’s not only a requirement and an act of good citizenship, it also comes with benefits,” Finance Assistant Secretary Tony Lambino said.

and other digital-based businesses to register their activities, declare previous transactions, and settle their corresponding taxes no later than July 31.

The BIR directive came as several businesses shift to the online platform since the coronavirus lockdown restrictions have prevented physical stores from opening. The Finance official argued that the BIR order was just a reminder as taxing online sellers is not a new policy. “It is really just to make sure that everyone is compliant atsaka fair po ang pag-implement ng ating [and we are fair in implementing our] tax code,” Lambino said.

 

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ULOL

Complete BS. 💩

Such as..? Because I am a small business owner, registered with BIR and if red tape is a benefit then yes, it comes with benefits.

Benefits?!? What a joke...!

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