SOCIAL MEDIA INFLUENCERS ARE SUBJECT TO INCOME TAX, VALUE-ADDED TAX (OR PERCENTAGE TAX); SHALL REGISTER WITH THE BIR AND FILE TAX RETURNS; SUBJECT TO ROYALTY TAX AND FOREIGN TAX CREDIT;Â BIR MAY OBTAIN INFORMATION FROM FOREIGN COUNTRY (Revenue Memorandum Circular No. 97-2021, August 16, 2021)
Php 37 million local business tax assessment canceled; City treasurer must be authorized to file a case in the form of City Charter or Resolution; Common carriers are exempt from local business tax.
Php 2.7 billion tax assessment canceled; Chief of large taxpayer audit division cannot validly sign a memorandum of assignment; PAGCOR’s licensees and contractees are exempt from income tax on gaming revenues
