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Bam Aquino urges BIR to suspend online stores badge rule
🇵🇭 Philippines · Economy · 11 min ago
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24.10 16:06 UTC
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CITING the heavy economic toll of soaring electricity and fuel prices on small entrepreneurs, Senate Committee on Trade, Commerce and Entrepreneurship Chairman Bam Aquino called on the Bureau of Internal Revenue (BIR) to immediately suspend its new Registration Seal Badge requirement for online busi
“We urge the BIR to temporarily suspend the Registration Seal Badge requirement.
The BIR later extended the compliance deadline to Oct.
The agency also said there will be no penalties for not displaying the badge during the suspension period.
"The suspension will allow the BIR to address privacy and technical concerns and review the implementation of the requirement," he added.
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