Last updated on May 6th, 2021 at 09:09 am
MANILA – Senator Risa Hontiveros has called for the Bureau of Internal Revenue (BIR) to suspend its planned tax collections for online sellers as the country is trying to curb the spread coronavirus (COVID-19) pandemic.
Under the Resolution 453, Hontiveros is urging the Senate to investigate BIR’s memorandum circular issued this month. The BIR needs to clarify the registration and taxing of online sellers a number of government agency expressed different position regarding the matter.
According to Hontiveros, BIR should suspend the implementation of the memorandum ‘until the end of the year’ as it is ‘ill timed and insensitive’ during this health crisis.
The senator also urge the tax agency to go after huge digital enterprises. The revenue policies should always be sensitive to the struggles of Filipinos trying to survive in these difficult times.
There are also calls for BIR to digitalized the registrations to avoid business owners to lineup in BIR offices as it exposes them to the health risks associated with the coronavirus and may cause it to spread further. Malacañang ealier this month, clarified that the tax should only be applied for online businesses earning beyond P250,000 annually.
The future of Malaysia job market 2025-26 has high opportunities of the skilled professionals who are willing to extend their…
Mexico has accepted a new wave of steep tariffs on Chinese and other foreign goods, which is a big change…
Japan has a rapidly growing population with in excess of 28 per cent of its citizens being over the age…
With this clean-energy move, Malaysia has thus made a historic breakthrough as it is witnessed with the opening of the…
Sumatra, which has a lot of different kinds of plants and animals and is famous for its beautiful jungles and…
Sri Lanka's famous tea-growing area was devastated when Cyclone Ditwah went through the central highlands, destroying farms and forcing thousands…
This website uses cookies.
Read More