July 29, 2020
REVENUE MEMORANDUM CIRCULAR NO. 075-20
| SUBJECT | : | Extending the Deadline for Business Registration of Those into Digital Transactions under Revenue Memorandum Circular (RMC) 60-2020 |
| TO | : | All Revenue Officers, Employees and Others Concerned |
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 a 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.
The said RMC emphasized the provision of Section 236 of the Tax Code, as amended, relative to registration as well as the provisions on other tax compliance requirements. When this was disseminated and discussed in various fora, the online merchants have signified their cooperation but are requesting for more time to comply due to the current problem in going to the district offices such as the means of transportation, fear of dealing face to face with...
