Government Offers Up To P1-M Reward to Anyone Who Can Report Social Media Influencers Evading Taxes
Ex-Bureau of Internal Revenue (BIR) examiner Mon Abrea said that P million rewards awaits informants who can report social media influencers evading taxes.
Last week, the Bureau of Internal Revenue (BIR) Commissioner Caesar Dulay released the Revenue Memorandum Circular (RMC) No. 97-2021 reminding the social media influencers to pay their taxes.
The RMC No. 97-2021 covers the influencers in various social media platforms including Facebook, Instagram, TikTok, Twitter, YouTube and other platforms promoting products and services.
The agency issued the memorandum after receiving reports that some influencers have not been paying their income taxes despite earning huge amount of cash. Some of them are not registered with the BIR.
Violators could face six to ten years imprisonment and would be charged a fine worth P500, 000, P10 million, P30, 000 and P100, 000.
Tax expert and former Bureau of Internal Revenue examiner Mon Abrea said that anyone who would give information regarding social media influencers who were not paying taxes would receive a reward from the government.
Read Also: BIR Issues Memorandum Urging Social Media Influencers to Pay Taxes
“‘Yun ‘yung hindi masyado alam ng publiko. Tayo mismo pwede kumita…‘pag sinabi natin o tinuro natin ‘yung mga kasama natin na mukhang hindi nagbabayad ng buwis,” Abrea said.
Abrea said vloggers should be registered to BIR so the agency could easily trace them. He said that the agency would base on tax identification number or known as TIN ID. BIR would not tolerate tax evaders.
“Dapat patas tayo kasi ‘yung mga kababayan natin na empleyado fixed income earner pero nabawas na ‘yung tax bago pa nila matanggap ‘yung sahod nila,” Abrea added.
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Read Also: Influencer Group Ready For Talks With BIR On Tax Payment
