The Bureau of Internal Revenue (BIR) explained the registration of businesses engaged in online selling started in 2013.
The statement of the bureau came after solons questioned during the hearing of House Committee on Ways and Means why the BIR seems to be rushing online sellers to register despite the current COVID-19 pandemic.
According to the BIR, taxes to be collected from online selling include income and value added tax. The bureau also clarified it is after big companies and not small businesses.
Meanwhile, DTI Secretary Ramon Lopez said online businesses must register just like other businesses.
“DTI reiterates that business registration is the right way of doing business… It can also increase buyers’ confidence.”
