#bir online seller tax

There's been a lot of news lately about the announcement of the Bureau of Internal Revenue (BIR) to go after online sellers. Commissioner Henares has been stressing that they are looking for ways to be able to monitor and collect taxes from online retailers. Let's be clear first that whether it's offline or online, generating revenue/income from selling products or services is taxable. What if the BIR was so strict and it runs after the online sellers and ask them to pay taxes? The most logical step is for the sellers to tuck those taxes into the price of the unit. If the online sellers want to be more competitive, they might lower their retail price a bit. Then again, the online sellers would look at this situation differently. This is where a lot of the resentment by online sellers come from. Read more in our articles including "Are you ready for Online Shopping to be taxed?" and "BIR opens Tax Payer Portal".