BIR: Deadline for online sellers to register moved to Sept. 1

The Bureau on Internal Revenue (BIR) on Saturday said the deadline for business registration of “online sellers” or those conducting digital or electronic business transactions was moved to September 1.

The original deadline was set for August 31 the National Heroes’ Day holiday.

“Under the law, if a due date falls on a Saturday o kaya Sunday o kaya holiday, the due date will be moved to the next working day,” BIR Assistant Commissioner Elenita Quimosing said in an interview on Dobol B sa News TV.

“Bali ang mangyayari sa September 1 na, imbis na Monday, sa Tuesday na,” Quimosing said.

The BIR issued Revenue Memorandum Circular (RMC) No. 75-2020 which extended the deadline stated in RMC No. 60-2020, which was on July 31.

In the latest circular, the taxman said that the July 31, 2020 deadline stated in the RMC No. 60-2020 “for registration of the business activity and/or updates with no penalty imposition is hereby extended to August 31, 2020.”

The RMC 60-2020, dated June 1, notified “all persons doing business and earning income in any manner or form, specifically those who are into digital transactions through the use of any electronic platforms and media, and other digital means, to ensure that their businesses are registered pursuant to the provisions of Section 236 of the Tax Code, as amended, and that they are tax compliant.”

The order covers partner sellers or merchants, as well as other stakeholders such as payment gateways, delivery channels, internet service providers, and other facilitators.

The BIR also encouraged online sellers to “voluntarily declare their past transactions.” — DVM, GMA News