BIR: Unregistered online biz may be suspended
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NewsTranscript
00:00The Bureau of Internal Revenue, or BIR, said unregistered online businesses may be suspended.
00:06The suspension will be done through the issuance of a closure or takedown order.
00:11The BIR added online marketplaces are required to ensure their leases and sellers are properly
00:17registered with the BIR.
00:19Failure to comply would be considered an act of aiding or abetting in the commission of
00:25the offense.