The Bureau of Internal Revenue (BIR) has collected a total of Php3.72 million in taxes from social media influencers for the calendar year 2021. BIR Assistant Commissioner Clavelina Nacar informed Congress last Monday that this figure is higher compared to the previous year (2020) when they collected Php1.12 million in total taxes (income tax and VAT). The 2021 collection is about 332% higher than the previous year as more and more social media influencers has started declaring their income and paying taxes. In August 2021, the BIR sent out a memo reminding bloggers and social media influencers to pay their taxes. There was even a reward of Php1 million for anyone who reports a tax-evading social media influencer. Here's the list of taxable revenue by bloggers and social media influencers as outlined by the BIR. Fujifilm's Instax Share Smartphone Printer SP-1, will soon be available in the country starting next month. The Fujifilm Instax SHARE Smartphone Printer SP-1 is a small printer that allows users to produce Instax prints using images sent wirelessly from a smartphone. Read more in our articles including "BIR collected Php3.72 million in taxes from social media influencers" and "Fujifilm Instax Share SP-1 to hit stores in February".
The Bureau of Internal Revenue (BIR) has collected a total of Php3.72 million in taxes from social media influencers for the calendar year 2021. BIR Assistant Commissioner Clavelina Nacar informed Congress last Monday that this figure is higher compared to the previous year (2020) when they collected Php1.12 million in total taxes (income tax and VAT).
The 2021 collection is about 332% higher than the previous year as more and more social media influencers has started declaring their income and paying taxes. In August 2021, the BIR sent out a memo reminding bloggers and social media influencers to pay their taxes. There was even a reward of Php1 million for anyone who reports a tax-evading social media influencer.
Our coverage of tax bloggers includes: "BIR collected Php3.72 million in taxes from social media influencers"; "Fujifilm Instax Share SP-1 to hit stores in February"; "Davao taxis now accept fare payments via on-board ATM". Each article provides unique insights and information.