E-Commerce

Call for inputs on online taxation: BIR Draft Revenue Memorandum Circular on “Reiterates Taxpayer’s Obligations in Relation to Online Business Transactions”

When the E-Commerce Law was passed, one of principles cited in its implementing rules and regulations is the concept of "neutral tax treatment". This means policies governing the offline world, such as taxation, shall also apply in the online world. After 12 years of the E-Commerce Law, the Bureau of...