CICP was open to dialogue with BIR on tax compliance.
The Creator and Influencer Council of the Philippines (CICP) was open to dialogue with the Bureau of Internal Revenue (BIR) on tax compliance.
While the influencer group welcomed the issuance of BIR’s Circular to define tax rules for social media influencers, the CICP likewise called for initiatives in order to “ease the burden” of tax compliance.
The CICP also commended the release of the Circular issued by the BIR, saying that among the organization’s core values was responsible citizenship, which necessarily include the payment of taxes because it’s the “lifeblood of our government”.
The CICP said in a statement that it’s imperative among them, as citizens, to do their part by paying proper taxes, adding that they viewed BIR’s Circular as an opportunity to exemplify the importance they gave to paying taxes and to show others that they viewed it as a patriotic duty that any responsible citizen should fulfill.
Nonetheless, the CICP was hoping that the BIR recognized that influencers in the organization, as well as the vast community of influencers, conducted their business digitally.
The CICP also hoped that the BIR will soon introduce “certain mechanisms that will ease the burden of tax compliance” by using those digital platforms not only for the benefit of the influencers but also for the benefit of all taxpayers as well.
Moreover, the CICP also said that it was currently crafting a Code of Ethics centered around content standards, fair dealing, social responsibility, transparency, and compliance with the law.
“The Circular is a timely reminder of the values that we champion for our members and the broader influencer community. For this, we are thankful for the BIR in giving this opportunity not only for us to promote the organization’s core values, but also for us to show that we are doing our part as responsible citizens of this country,” the CICP said.
Earlier, the BIR said that it was already “in the process of identifying” tax-evading media influencers in the Philippines.