June 1, 2020
REVENUE MEMORANDUM CIRCULAR NO. 060-20
| SUBJECT | : | Obligations of Persons Conducting Business Transactions Through Any Forms of Electronic Media, and Notice to Unregistered Businesses |
| TO | : | All Revenue Officers, Employees and Others Concerned |
This Circular is issued to give due notice to all persons doing business and earning income in any manner or form, specifically those who are into digital transactions through the use of any electronic platforms and media, and other digital means, 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. These shall include not only partner sellers/merchants, but also other stakeholders involved such as the payment gateways, delivery channels, internet service providers, and other facilitators.
In the registration of the business/es, please refer to the attached Annex A of this Circular for the basic guidelines. All those who will register their business activity and/or update their registration status not later than July 31, 2020 shall not be imposed with penalty for...
