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. …

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 …

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 …

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 …

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 …

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 …

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. …