Carla Abellana Gets Real About Money Problems and Huge Tax Due CARLA ABELLANA – Kapuso star Carla Abellana shocked fans after admitting she’s financially struggling, revealing she needs to pay a whopping ₱364,000 in taxes with limited projects this year. Carla Abellana recently made a candid revelation about her financial situation, admitting that she is … Read more
Proposed Sugary Drinks Tax Draws Criticism from DJ Chacha DJ CHACHA – Radio host DJ Chacha has joined the growing online debate over a proposed bill seeking to raise taxes on sugar-sweetened beverages. DJ Chacha, a well-known radio host and social media personality, recently voiced her strong disapproval of a proposed bill that seeks to … Read more
Piolo Pascual is one of the top taxpayers in the Philippines A-list actor Piolo Pascual wants to remain a responsible taxpayer despite the corruption issue. Piolo has come a long way since he started his acting career. He is now considered one of the most in-demand stars. With all the success that he has achieved, … Read more
BIR Speaks on Exemption of Carlos Yulo from Taxes on Rewards for Olympic Wins CARLOS YULO – The Bureau of Internal Revenue (BIR) clarified that the Paris Olympics double gold medalist is exempted from taxes for the rewards he received. The Olympic double gold win of Caloy has undeniably changed his life. It did not … Read more
NBI Arrest BIR Official for Asking ‘Padulas’ From Victims The authorities arrested a BIR official during an entrapment operation for allegedly asking ‘Padulas’ from victims to reduce their tax. The National Bureau of Investigation – Western Mindanao Regional Office (NBI-WEMRO) arrested an official from the Bureau of Internal Revenue (BIR) for allegedly extorting money from … Read more
Mayor, Ex-Treasurer in Samar Town Convicted with Graft for Non-Remittance of Tax Samar town Mayor and a former treasurer were convicted of graft for not remitting to the Bureau of Internal Revenue (BIR) the tax liabilities due. In the graft case, the Sandiganbayan found Mayor Arnold B. Abalos of San Sebastian, Samar, and his former treasurer … Read more
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 … Read more
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 … Read more
BIR Requires Online Sellers, Freelancers to Pay Tax, Register Business The Bureau of Internal Revenue (BIR) requires online sellers and freelancers to pay taxes and register as e-commerce boom amid pandemic. In its Revenue Memorandum Circular No. 60-2020, dated June 1, entrepreneurs using digital platforms for their business are now required to pay taxes. Those … Read more
Additional Tax on Video Streaming, Digital Economy is Being Push in Senate Sen. Ramon “Bong” Revilla filed a resolution to the Senate for collecting additional tax on video streaming and the digital economy. The lawmaker filed a Senate Resolution No. 410 day after Albay Representative Joel Salceda proposed the collecting of a tax on streaming … Read more