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 …

It seems that digital companies based in the United States (US) that operate in several countries including Indonesia, such as streaming services Netflix, social media Facebook, digital music streaming Spotify, also giant e-commerce Amazon, cannot yet be charged digital tax in the near future. This was stated by Minister of Finance Sri Mulyani who said that Indonesia and the major …

MANILA – With two Philippine offshore gaming operators (POGOs) exiciting the country, a looming exodus of online casino exits are expected to follow suit as they are facing difficulties securing tax clearance from the government. Philippine Amusement and Gaming Corp. (PAGCOR) Chairperson and Chief Executive Officer Andrea Domingo confirmed that casino operator SunCity Group has ceased their operations here in …

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. …

Metro Manila – An online petition from several authorities and groups urging the Philippine Health Insurance Corporation (PhilHealth) to withdraw the memorandum of increase rates in the premium contribution of overseas Filipino workers (OFWs) has received some 300,000 signatures. According to the memorandum, OFWs with income amounting between ₱10,000 and ₱20,000 will be required to pay 3 percent of their …

The Director General of Customs and Excise of the Ministry of Finance Heru Pambudi issued Circular No. SE-04 / BC / 2020 on March 17, 2020, which regulates the release of ethyl alcohol excise as a raw material for making hand sanitizers to antiseptics in order to accelerate the prevention of Corona virus in Indonesia. “To provide convenience in making …