the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular 105-2017 or the revised withholding tax table on compensation. "Thus, beginning January 1, 2018, every employer making ...

The Internal Revenue Service (IRS) have modified the income tax withholding tables for 2023, as it also did in previous years. Meanwhile, employers can still use the optional computational bridge ...

Four withholding tax tables are prescribed in the regulations ... Employers need to transmit both original and duplicate copies to BIR revenue district offices before October 31. As this developed, ...

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has officially imposed a one percent withholding tax on online platform providers as part of government efforts to tap digital ...

Are all employees eligible to get a refund? Also, what is a VAT refund? My friend who works in a BPO company receives an annual tax refund. What is a tax refund? Are all employees eligible to ...

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 ...

Taxumo Inc. CEO EJ Arboleda said the collection of the withholding tax on online marketplace transactions creates a “transparent framework” that allows the Bureau of Internal Revenue (BIR ...

THE BUREAU of Internal Revenue (BIR) is looking to start imposing a creditable withholding tax on partner-merchants of online platforms as early as the fourth quarter this year. “We are aiming for ...

THE Bureau of Internal Revenue (BIR) must continue supporting online platforms and sellers during the rollout of a withholding tax scheme amid complaints about difficulties with compliance, a tax ...

MANILA, Philippines — The Bureau of Internal Revenue (BIR) plans to impose a one percent withholding tax on online platform providers that individuals use to sell goods and services amid the ...

MANILA, Philippines — Online merchants are now subjected to a one percent withholding tax based on the Bureau of Internal Revenue’s (BIR) latest regulation. BIR Revenue Regulation No. 16-2023 ...

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. The tax ...