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 […]

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 […]

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 […]

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 […]

BIR had accused Richard Gutierrez and his company in the alleged of not paying correct taxes. BIR – Bureau Internal Revenue had accused Richard Gutierrez and his company RGUTZ Productions Company, for him and his firm who allegedly did not pay the rightful taxes. In the report of ABS-CBN News, the BIR said in a […]

Lucio Tan Slammed By President Duterte Over Tax Evasion President Rodrigo Duterte has slammed Lucio Tan, as one of the richest Filipinos over tax evasion amounting of P30 billion. Mr. Duterte had his state visit in Qatar and had his speech in front of Filipino community. During his speech, he revealed that one of the richest […]

President Accused Owners Of Philippine Daily Inquirer Of Not Paying Taxes President Rodrigo Duterte accused the owners of Philippine Daily Inquirer were not paying their taxes properly on the previous administration. Previously, Mr. Duterte releases distasteful remarks against the Philippine Daily Inquirer for alleged feeding the public with garbage news. He also said that Prietos […]

Mighty Corporation Not Free From Criminal Liabilities Despite Compromise On Its Tax Deficiencies, Panelo Says Presidential chief legal counsel Salvador Panelo said that Mighty Corporation was not yet free from criminal liabilities despite doubling their tax payment. Mighty Corporation will pay P3 billion to the government for their tax deficiency. Their tax payment was supposed […]

Estimated New Price Of Your Favorite Cars Due To Proposed Excise Tax Here are the estimated new price of your favorite car brands and units due to proposed excise tax, which can largely affect the prices of cars. The current tax for vehicles in the Philippines is only 2 percent but now it has climbed […]

President Duterte Threatens Tax Evaders That He Might End Up Killing Them On Monday (February 06, 2017) President Rodrigo Duterte threatens tax evaders that he might end up killing them if they will not pay their taxes properly. The president emphasized the importance of paying the taxes properly during the launch of Hardin ng Lunas […]