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The Asian Affairs > Latest News > BIR

Tag Archives: BIR

attention online sellers bir says you have to pay tax now
Philippines

Attention Online Sellers! BIR Says You Have to Pay Tax Now

By Jasmine C.
July 17, 2024
in :  Philippines

Noting all of the Philippine online retailers! There is a new rule affecting your company coming from the Bureau of Internal Revenue (BIR). Online markets will be hiding a 1% tax on your sales as of July 15, 2024. Calm yourself! This page will verify you’re BIR compliant and dissect what you need to know about this new tax rule. …

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FerdinandBongbongMarcos Jr.
Geo Politics

An Intense Issue Over BongBong Marcos’ Failure To Attend The Comelec Hearing

By Jasmine C.
January 8, 2022
in :  Geo Politics, Philippines

Philippines – The request to preclude previous congressperson Ferdinand “Bongbong” Marcos Jr. from the following year’s official race just as to invalidate and void his declaration of bid has been submitted for goal at the Commission on Elections (Comelec). It was asserted in the request documented by Abubakar Mangelen that Marcos isn’t so much as an individual from the Partido …

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BIR
Geo Politics

The Nation Didn’t See it Coming as BIR Temporarily Suspends Tax Deficiency Audit

By Jasmine C.
April 18, 2021
in :  Geo Politics, Philippines

Unexpectedly, due to fourteen days of the most severe isolate limitations as of late forced in Metro Manila which is named as ECQ and four adjoining territories, the Bureau of Internal Revenue (BIR) has reached out by two months the planned review of delinquent citizens and assortment of their lacks. In Revenue Memorandum Circular No. 52-2021 dated April 14, Internal …

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online sellers
Opinion

Close to 5000 Online Vendors Registered with BIR Now

By Jasmine C.
August 14, 2020
in :  Opinion, Philippines

Close to 5,000 online sellers have registered with the Bureau of Internal Revenue (BIR) so far after taxpayers started asking them to pay taxes or risk being penalised. A total of 4,961 online merchants received tax identification numbers from the tax office from June to August 7, with only three weeks remaining before the expiration of the extended deadline. BIR …

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Tax on Online Seller
Philippines

Suspend tax on online sellers until end of 2020, says Sen. Hontiveros

By Jasmine C.
June 24, 2020
in :  Philippines

MANILA – Senator Risa Hontiveros has called for the Bureau of Internal Revenue (BIR) to suspend its planned tax collections for online sellers as the country is trying to curb the spread coronavirus (COVID-19) pandemic. Under the Resolution 453, Hontiveros is urging the Senate to investigate BIR’s memorandum circular issued this month. The BIR needs to clarify the registration and …

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This Image shows online selling
Business

Palace: Online sellers earning below ₱250,000 won’t need to pay tax

By Jasmine C.
June 13, 2020
in :  Business, Philippines

MANILA – Malacañang on Thursday, claried that only online sellers earning above Php 250,000 will need to pay taxes, but all online business should still register their records with the Bureau of Internal Revenue. “If your online business net income does not exceed P250,000, then you don’t have to pay.” Roque said. “If your online business net income does not …

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Bureau of Internal Revenue
Philippines

BIR to require online sellers to register and declare past transactions for tax purposes

By Jasmine C.
June 11, 2020
in :  Philippines

MANILA – The Bureau of Internal Revenue (BIR) are now requiring the online sellers and digital shops to register their businesses and declare their previous transaction and settle the taxes before July 31. According to the memorandum, The government are requiring all persons doing and earning money online to registervpursuant to the provisions of Section 236 of the Tax Code. …

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