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Small online sellers exempted from tax registration: DTI

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<figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/fWa6N82GASk?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div><p>MANILA - Small online sellers or those who earn P250,000 and below annually are exempted from registering their business with the Bureau of Internal Revenue, Trade Secretary Ramon Lopez said Tuesday.</p><p>The tax bureau last week reminded e-commerce firms to register and settle their liabilities as online transactions boomed during the coronavirus pandemic.</p><p>&quot;Excluded naman talaga dito maliliit na negosyante. It’s really an important measure for traceability ng mga binibili natin online,&quot; Lopez told ABS-CBN&#x27;s Teleradyo. &quot;Kung ang kita nila P250,000 and below, sila ay exempted naman sa pagre-register.&quot;</p><p>(Small businesses are exempted. It’s really an important measure for traceability of what we buy online. If their income is 250,000 and below, they are exempted from registration.)</p><p>&quot;This is for consumer protection. At the same time... we also believe in the principle na kung gusto mong lumaki ang negosyo mo, kailangan magregister ka,&quot; he said.</p><p>(We also believe in the principle that if you want your business to grow, you need to register.)</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/11/20/bir-tells-online-sellers-register-pay-taxes">BIR tells online sellers: Register, pay taxes</a></li>	<li><a href="https://news.abs-cbn.com/business/04/20/20/high-tech-low-touch-is-new-normal-as-banks-see-economy-through-covid-19">&#x27;High tech, low touch&#x27; is new normal as banks see economy through COVID-19</a></li></ul><p>Lopez advised consumers to buy from large online platforms that have a rating system and requires sellers to register so they can be traced.</p><p>&quot;Pagka bumili sila sa Facebook o Instagram na hindi nila kakilala, may risk po talaga na mahirap hagilapin,&quot; he said.</p><p>(If they buy from a seller they don&#x27;t know on Facebook or Instagram, there&#x27;s a risk that they will be hard to find.)</p><p>Resellers who carry the official receipt of the product they are selling do not need to register, Lopez added.</p><p>Read the bureau&#x27;s registration guidelines below:</p><blockquote class="embedly-card"><h4><a href="https://sa.kapamilya.com/absnews/abscbnnews/media/2020/business/06/11/rmc-no-60-2020.pdf">null</a></h4><p>null</p></blockquote><script async="" src="//cdn.embedly.com/widgets/platform.js" charSet="UTF-8" type="text/javascript"></script>

<p>Small online sellers or those who earn P250,000 and below annually are exempted from registering their business with the Bureau of Internal Revenue, Trade Secretary Ramon Lopez said Tuesday.</p>

Small online sellers or those who earn P250,000 and below annually are exempted from registering their business with the Bureau of Internal Revenue, Trade Secretary Ramon Lopez said Tuesday.