Here’s the warning from the BIR to social media influencers BIR vs SOCMED INFLUENCERS – The Bureau of Internal Revenue has issued a reminder to social media influencers who are avoiding paying their taxes. According to the BIR, there could be consequences for the influencers who engage in such tax evasion. In a statement, BIR … Read more
Jolina Magdangal: “They won’t be called influencers if people don’t find them relatable.“ JOLINA MAGDANGAL – The actress-host recently shared her thoughts about social media influencers. Social media influencers are being hired by producers and companies to become brand endorsers or to host events and shows. In a recent virtual chat with Inquirer Entertainment, the … Read more
BIR on social media influencers: “They will be taxed because of course, they are earning income.” BIR – The Bureau of Internal Revenue will seek a dialogue with social media influencers to make them comply with tax laws in the Philippines amidst a widening adoption of different social media platforms for making a living. BIR … Read more
BIR: “There are initial observations and findings na talaga maraming non-compliant” BIR — The Bureau of Internal Revenue said that online sellers and social media influencers must pay their taxes. The tax bureau is in talks with online shopping platforms on the collection of taxes for online sellers. BIR Commissioner Lilia Guillermo reiterated that all … Read more
BIR: “We will use big data analysis from the social media data and identify big time online sellers and influencers.” BIR — The Bureau of Internal Revenue will use “big data analysis from the social media data” to identify big-time online sellers and influencers. The tax bureau has asserted that the agency is really determined … Read more
Incoming BIR Commissioner Lilia Guillermo: “Marami rin nakikitang citizens ang tataas ng lifestyle nila, yet kung compare mo taxes na binabayaran nila, ma-question mo rin …” LILIA GUILLERMO — As the Philippine government tries to raise collections amidst the country’s debt, the incoming Bureau of Internal Revenue (BIR) commissioner is eyeing lifestyle checks on professionals … Read more
The BIR has formed a special task force that will focus on social media influencers and online merchants. BIR — The Bureau of Internal Revenue has ordered the creation of a special task force that will focus on social media influencers and online merchants. The tax bureau has ordered the creation of a special task … Read more
Only 105 social media influencers have registered with BIR, according to DOF. DOF — The Department of Finance said that only 105 social media influencers have registered with the Bureau of Internal Revenue (BIR). On Friday, the Department of Finance said that more than half of the initial list of tax-delinquent social media influencers have … Read more
Rewards for tipping off tax-evading social media influencers were still subject to tax, according to BIR. The Bureau of Internal Revenue (BIR) said that rewards for tipping off tax-evading social media influencers were still subject to tax. Manila Bulletin reported that even BIR rewards for tipping off tax-evading social media influencers were still subject to … Read more
PAGCOR will look into online betting games linked to “Battle of the Youtubers” The Philippine Amusement and Gaming Corporation (PAGCOR) will look into online betting games linked to “Battle of the Youtubers” events wherein social media influencers matched up in sports such as basketball and boxing. On Friday, PAGCOR said that it would look into … Read more