Content creators, filmmakers, bloggers earning from digital ads were required to register, according to BIR.
Content creators, filmmakers, bloggers, and other independent creative professionals who earned from digital ads were required to register to the Bureau of Internal Revenue (BIR).
This, as Arnel Guballa, the Deputy Commissioner for Operations at the Bureau of Internal Revenue, on Thursday had identified the following digital merchants which were required to register to the BIR.
Other Stories:
- POGOs And Its Service Providers Must Pay Taxes Before Resuming – BIR
- Taxing Online Sellers ‘Starts During Aquino Administration’, Says Palace
In a report on Manila Bulletin, the Bureau of Internal Revenue estimated 6 million digital merchants in the Philippines. Here is the list of digital merchants that were required to register to the BIR, as identified by BIR Deputy Commissioner for Operations Arnel Guballa:
- e-Commerce platform providers
- Internet retailers of consumer goods
- Digital service, membership, and subscription
- Digital transaction through the use of electronic platforms and media
- Online blogging, filmmakers earning from advertising gained from their online channels
- Ride-hailing services for food, transportation, delivery, or merchandise
According to Revenue Memorandum Order No. 30-2020, the submission of their application, payment, and release of their papers will be done at the same counter reserved for persons with disabilities and senior citizens.
In a report on Yugatech, the taxation for content creators, bloggers, and other independent creative professionals who earned via digital advertisements was similar for online merchants.
However, BIR Deputy Commissioner for Operations Arnel Guballa clarified that only those who earned over PHP 250,000 per year will be required to pay their income tax.
What can you say about this? Let us know!
For more news and updates, follow Philippine Newspaper on Facebook!