Monday, July 15, 2024
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E-commerce firms urged to comply with BIR’s new e-invoicing system

Lawyer Rule Oporto, a tax expert and senior director for business tax services at SGV & Co., has urged businesses engaged in exports and e-commerce to comply with the invoicing requirements as the Bureau of Internal Revenue (BIR) is expanding the coverage of its electronic invoicing system (EIC) implementation.

Gov’t to launch digital-only OFBank in June, e-invoicing project in Q3

The Department of Finance (DOF) has announced that it will launch two digital-based programs aimed at improving tax compliance and expanding financial inclusion, especially among Filipino migrant workers.
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