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1 day ago · The Bureau of Internal Revenue (BIR) has released a detailed guide on invoicing requirements under Revenue Memorandum Circular No. 77-2024. Titled "GABAY PARA SA INVOICING REQUIREMENTS," BIR Commissioner Romeo D. Lumagui Jr. offers businesses and taxpayers clear ways to adhere to proper invoicing procedures.
2 hours ago · MANILA, Philippines — The Bureau of Internal Revenue (BIR) has formally imposed the one percent withholding tax on online platform providers as the government moves to level the playing field ...
2 hours ago · MANILA, Philippines — The Bureau of Internal Revenue (BIR) on Tuesday said electronic marketplace operators such as Shopee and Lazada have started collecting the withholding tax on sellers or ...
2 hours ago · THE Bureau of Internal Revenue (BIR) has issued a circular ordering electronic marketplace operators to start the imposition of withholding taxes to sellers and merchants beginning July 15, 2024.
1 day ago · The Bureau of Internal Revenue (BIR) said Tuesday it started the collection of withholding taxes on online platforms on July 15, 2024 after a 90-day grace period. “No more extensions will be given after the previous 90-day extension under RMC [Revenue Memorandum Circular] No. 55-2024,” BIR Commissioner Romeo Lumagui Jr. said in a statement. “Electronic […]
1 day ago · MANILA, Philippines — Online sellers must now shoulder a withholding tax on digital marketplaces, the Bureau of Internal Revenue (BIR) said on Tuesday. BIR Commissioner Romeo Lumagui Jr. issued a reminder after the agency delayed imposing withholding taxes last April.
2 hours ago · In December last year, the BIR issued Revenue Regulation 16-2023 requiring online merchants with earnings of more than P500,000 annually to be subjected to a 1-percent withholding tax. READ: BIR ...
