BIR to online sellers: Register, pay taxes

Every interesting detail you should know about the 1901 BIR Form

Now that most entrepreneurs are moving to digital platforms during this crisis, the Bureau of Internal Revenue (BIR) urged online sellers to register their businesses not later than July 31. This mandate, however, exempts businesses operating on an intermittent or irregular basis, earning less than P250,000 annually. Department of Trade and Industry Secretary Ramon Lopez believes that registering businesses is key to consumer protection as this shall provide greater traceability and consumer con

Tax Notes: Updated BIR Forms on VAT, percentage and fringe benefitsnow available in EFPS