BIR Commissioner Charlito Mendoza suspends the October 31 compliance deadline and mandatory online posting of the bureau's Registration Seal Badge for online sellers and content creators until further notice. "The suspension will allow the BIR to addres

The Bureau of Internal Revenue (BIR) Commissioner Charlito Mendoza has suspended the October 31 compliance deadline and mandatory online posting of the bureau's Registration Seal Badge for online sellers and content creators until further notice. This decision was made to allow the BIR to address concerns and make necessary adjustments.

The suspension of the compliance deadline and online posting of the Registration Seal Badge is significant for social commerce in the country as it affects online sellers and content creators who rely on social media platforms to promote and sell their products. This move may impact the way online businesses operate and comply with tax regulations, highlighting the importance of clear guidelines and regulations for social commerce.