BIR Eyes to Collect Taxes from ‘Big Time’ Influencers, Online Sellers
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Tax
BSP: 12% VAT on Digital Services Necessary for Emerging Economies
BSP Governor Benjamin Diokno noted that taxing digital transactions is universal for both developed and emerging economies like the Philippines, adding that “taxing transactions is better than taxing income.”
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Key Takeaways: House Bill 7425 on Taxing Digital Services in the Philippines
What is included in the new House Bill No. 7425 that seeks to tax the online services Filipinos use?
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Social Media Influencers Warned to Pay Tax by the BIR
The Bureau of Internal Revenue reminds Internet celebrities and social media influencers to pay tax.
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