Beware of ‘Brilliant Uncirculated’ 20-Piso Coin Sold Online, BSP Warns BSP – The Bangko Sentral ng Pilipinas (BSP) reminds the public to beware of online sellers advertising ‘brilliant uncirculated’ P20 coins for sale. The BSP has the exclusive power and authority to release notes and coins for circulation in the country. They recently issued enhanced […]
Toy Company Allegedly Curses Inquiring Customer A certain toy company reportedly curses a customer who is inquiring the price of the toys and for saying Bawal yung pm for prices”. Nowadays, a lot of people are using the social media to sell their products online. However, most of them are not posting the prices and […]
3 Seller Arrested, to Face Estafa for Selling Fake Luxury Bags Three (3) sellers of expensive bags got arrested and were charged with estafa for selling fake luxury bag worth P30,000. The three suspects were arrested in an entrapment operation in Fairview, Quezon City on Monday for allegedly selling fake luxury bags. The victim “Cecille” […]
Some Online Sellers Cries for Justice After Victimized by Face Shield Scam FACE SHIELD SCAM – Several online sellers are now crying for justice after falling into scam and victimized by those schemes. Various local government units are considering the mandatory wearing of face shields for public transport passengers. Some municipalities also required the public […]
DTI Says Online Barter Trade is Illegal, Encourage Online Sellers to Register The Department of Trade and Industry said Tuesday that online barter trade is illegal as it encouraged encourage online sellers to register with the department and Bureau of Internal Revenue. According to Trade Secretary Ramon Lopez, the barter trade is illegal and against […]
Risa Hontiveros Files resolution Urging BIR to Suspend Tax On Online Sellers RISA HONTIVEROS – Opposition Senator Risa Hontiveros filed a resolution urging the Bureau of Internal Revenue (BIR) to suspend tax memo on online sellers. The BIR officials said they are planning to tax media streamers and online sellers. On their Memorandum Circular 60-2020, […]
BIR Wants Online Services Including Media Streamers & Online Sellers to Pay Income Tax The Bureau of Internal Revenue is planning to tax online services such as media streaming platforms and online sellers. On Wednesday (June 17, 2020), a BIR official said that the tax bureau is planning to tax big online merchants and media […]
BIR Should Prioritize Collecting POGO’s Unpaid Tax Before Online Sellers – Jennylyn Mercado JENNYLYN MERCADO – Kapuso actress and businesswoman Jennylyn Mercado appealed to the Bureau of Internal Revenue (BIR) to prioritize taxing the Philippine Offshore Gaming Operators (POGO) before the online sellers. On Wednesday, June 10, the Bureau of Internal Revenue (BIR) announced that […]
Online Sellers Earning P250k Below Annually are Exempted from the New Tax Memo ONLINE SELLERS – earning at least P250,000 and below are now exempted from the Tax issued by the BIR, Malacañang on Thursday said. Malacañang Palace has made it clear that online sellers of less than P250,000 will not be taxed annually, the […]
Sen. Risa Hontiveros Urge Government To Collect POGO’s Unpaid Taxes Before Taxing Online Sellers HONTIVEROS – Senator Risa Hontiveros urged the government to collect POGO’s unpaid taxes before taxing online sellers. On Wednesday, the Bureau of Internal Revenue (BIR) said the freelancers and online sellers are now required to pay their taxes and register as […]
