The BIR issues Revenue Memorandum Circular No. 60-2020

The REVENUE MEMORANDUM CIRCULAR NO. 60-2020 notifies the persons who are conducting business through any forms of electronic media regarding their tax obligations and the registration of their business with the Bureau of Internal Revenue.

This is 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.

Section 236 requires every person subject to any Internal Revenue Tax to register once with the appropriate Revenue District Officer as implemented in the Revenue Regulations (RR) No. 7-2012, which provides consolidated regulations on registration of business.

https://www.bir.gov.ph/index.php/tax-code.html

The Regulation are issued to revise, prescribe and implement recent/additional policies relating to Primary Registration, updates and cancellation procedures amending the provisions Revenue Regulation No. 11-2008 and to amend and incorporate the policies prescribed on Transfer of Registration Records and Taxpayer Identification Number Card Issuance under the Revenue Regulation No. 5-2010.