Extending the Deadline for Business Registration of those into DigitalTransactions

The Bureau of Internal Revenue issued Revenue Memorandum Circular No. 75-2020 extending the Deadline of Business Registration of those into Digital Transactions under RMC No. 60-2020. The business of selling goods and services through online network has been observed to be experiencing an intensified growth at this time when most citizens are into home quarantine brought about by the global Covid-19 pandemic. As consequence, the Bureau reminded those doing business and earning income selling through any electronic platforms and media of their tax obligations by issuing RMC No. 60-2020.

Please click here for a copy of RMC No. 75-2020.