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BIR now requires digital businesses and online sellers to pay their taxes

June 11, 2020 by onlineph | Comments Off on BIR now requires digital businesses and online sellers to pay their taxes | Filed in Business, Government, Internet, Public Service, Tax
bir tax online

The Bureau of Internal Revenue (BIR) has instructed the online sellers and other electronic-trading businesses to record their past operations, declare previous activities, and liquidate their corresponding taxes before the end of July to guarantee tax compliance and for taxation purposes.

This is the government’s effort to raise more funds as the Philippines is suffering from an economic downturn since the novel coronavirus occurred. Readmore