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)
FILING AND PAYMENT OF TAXES FALLING DUE FROM AUGUST 6 TO 20, 2021 IS EXTENDED FOR 15 CALENDAR DAYS. (Revenue Memorandum Circular No. 91-2021, August 3,2021)
Sec extends the deadlines for posting of additional securities deposit and substitution of securities deposit to align the same with the deadline of the audited financial statements
Php 12 million refunds of customs duties granted; Petroleum Fuel purchased and delivered to an ecozone for the production of glass products is exempt from customs duties and taxes.
