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As previously introduced under Revenue Regulation (RR) No. 10-2019, the new BIR Notice to Issue Invoice/Receipt (NIRI) requires sellers, including those engaged in online business transactions to issue receipts/invoice for the sale of goods or services rendered.

The “Ask for Receipt” Notice previously issued to registered business taxpayers shall still be valid until June 30, 2023, although it shall be replaced through staggered issuance of NIRI based on the ending digit of their Taxpayer Identification Number (TIN), to wit:

Replacing the old “Ask for Receipt” Notice requires business taxpayers to update their registration information before the release of the NIRI. Further, a designated official company email address shall be required, which shall be used by the Bureau in serving its orders, notices, letters, communications, and other processes to the taxpayers.

The above policies cover the following and shall be issued along with the NIRI:

  • New Business Registrants (NBR) head office and branches by the Revenue District Office (RDO) where the taxpayer is registered; and
  • Online sellers and merchants, vloggers, social media influencers, online content creators earning income from the platform and/or advertising.

Please be guided accordingly.

 

Source:

P&A Grant Thornton

Certified Public Accountants

P&A Grant Thornton is the Philippine member firm of Grant Thornton International Ltd.

 

As published in SunStar Cebu, dated 07 October 2022