Business World

BIR to offer no more extensions for registerin­g online business

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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

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