Search
Close this search box.

December 29, 2023

BIR imposes 1% withholding tax on online merchants

MANILA: The Bureau of Internal Revenue (BIR) has announced that online merchants with earnings amounting to more than PHP500,000 annually are now subject to a 1-percent withholding tax.

BIR Revenue Regulation 16-2023, issued last December 21, said th…

Read More ➜

Recent News