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Western Union adds Documentary Stamp Tax

This was just informed to me by the Western Union branch I frequent — WU will start charging for Documentary Stamp Tax (DST) from July 1, 2008 and onwards.

DST rates aren’t that high though. The announcement says it’s Php0.30 for every Php200 or just about 0.15% of total amount remitted.

Here’s a sample computation they gave:

Amount Remitted: Php2,000
DST Deduction: Php3.00

Amount Remitted: Php10,000
DST Deduction: Php15.00

Amount Remitted: Php50,000
DST Deduction: Php75.00

Amount Remitted: Php100,000
DST Deduction: Php150.00

And yes, this includes all AdSense Publishers who opted to get remittance via Western Union (DST Section 18 of the 1997 Tax Code, Republic Act 9243).

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

29 Responses

  1. Avatar for Albert Albert says:

    Kuya Abe, bakit po ako hindi pa din binabayaran ng adsense? May adsense na po kasi yung mga una kong blog pero wala pang gaanong traffic kaya wala pang kita. Pero itong 2011 natutunan ko po kung paano mag optimize ng site para makakuha ako ng traffic mula sa google.com at nagsimula na ako mag earn ng 10$ pataas kada buwan and sa ngayon $40 na po.. ang problema po kasi naabot ko na ang thresh hold ko na 100$ pero hindi pa din ako binabayaran ng adsense.

    Tinignan ko ulit lahat ng kailangan punuin para mabayaran ako ng adsense pero wala pa rin eh. Verified naman po ang account, may pinadala sila sa akin na PIN at na enter naman na. Walang on hold etc etc. Akala ko maasahan ang adsense sa pagbayad ng kanilang publishers. Wala akong ibang ginagamit kundi adsense lang kaya nakadepende lang lahat ng blog ko sa kanila.. pwede mo po ba akong tulungan? Willing po akong ipakita ang screen shots ng adsense ko basta need ko p ng help pinanghihinaan na kasi ako ng loob na magpost ng magpost ng content sa site ko tapos wala pa rin akong napapala :( Sana kuya Abe tulungan mo ako.. Sya nga pala, napansin ko din na yung monthly earnings ko hindi nadadagdag sa current earnings ko bakit po ganun? Sino po ang dapat kong kuntakin? Lahat nalang ginawa ko na sa blog nila, sa feedbacks, sa forum, sa google plus, sa fan page nila ginawa ko na lahat ng maari kong gawin pero wala akong narinig sa kanila. Kaya iniisip ko totoo po ba ang adsense??

    Salamat po kuya Abe..

  2. Avatar for TheLoveGuru TheLoveGuru says:

    Well it sucks, but anyway, 0.15% is not that big

  3. Avatar for Paolo baroja Paolo baroja says:

    kuya question po ulit

    Q#1 kuya bakit po nabawasan ung total earnings ko
    kahapon po $24.64

    ngaun $23.64 nlng anu po kaya problema ni2….

    Q#2 tungkol nmn po sa mga channels

    channel #2 Xbox360 custom channel po ito nde url channel help nmn po…

    Page impressions 126

    Clicks 78

    Page CTR 61.90%

    Page eCPM $0.00

    Earnings $0.00

  4. Avatar for Paolo baroja Paolo baroja says:

    nice thnx ^_^

    total earning now is $20.00 hehehe long way to $100
    pero iipunin ko muna heheh syang eh bbli kce ako
    ps3 then ung iba iipunin ko..

  5. Avatar for Paolo baroja Paolo baroja says:

    yep tama nga kya nga gusto ko sana western union kya lng school id lng meron ako…

    anu kya ID pde

    Postal ID
    Voters ID
    any kya pde 19 yrs old na po ako eh
    and undergrad…

    gusto ko kce mka tulong sa family ko para nmn maging proud sila skn…

    e2 blogging lng paraan na alam ko…

    as of now $15.58 total earnings ko within 5 days
    kuya pa help nmn oh…

    • Avatar for Abe Olandres Abe Olandres says:

      Go to the WU branch nearest your area. It would be nice to know them personally and ask them about the requirements. I have good relationships with my WU reps so I easily get my payments even without ID.

  6. Avatar for Paolo baroja Paolo baroja says:

    kuya bky dun po sa payment detail e2 lng po pde sakin

    * Western Union Quick Cash payments will be available for pick-up the day after the payment date.

    * Standard Delivery checks are sent by regular mail and should arrive within 2-3 weeks of the mailing date.
    ** Secured Express Delivery checks are sent via courier and should arrive within 1 week.

    may plano po kase ako na mag open ng dollar account sa BDO eh…

    ill be wating for your replies…

    • Avatar for Abe Olandres Abe Olandres says:

      Yung sa Western Union, puede in Peso or Dollars mo kunin. Just bring a valid ID or kung me Passport ka, maganda. Pag sa Bank account kase na in Dollars, mabagal at matagal ma clear yung money.

  7. Avatar for blankpixels blankpixels says:

    Aw. I was counting on WU for my farrrrrrrrrr (hehe) future earnings with AdSense.

    Just imagine how many OFWs and Pinoy online money-makers would be paying that 0.15%. Kahit maliit isipin ng iba, malaki pa rin yun sa dami ba naman eh.

    Hayy… lahat na lang kinurakot.

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