BIR to offer no more extensions for registering online business
THE Bureau of Internal Revenue (BIR) said it will not extend the latest registration period for online sellers, after the deadline was moved twice.
“There will be no extension. Enough time was given to register,” BIR Deputy Commissioner for Operations Arnel SD. Guballa said in a text message Wednesday.
The original deadline was July 31. It was then moved to Aug. 31 and to Sept. 30.
Mr. Guballa said late registrants will be subject to penalties starting Thursday, Oct. 1. The bureau issued Revenue Memorandum Circular No. 60-2020 in June to remind online sellers to register with the BIR. Some 7,262 businesses have registered so far. — Beatrice M. Laforga