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More articles about: Tax
Non-compliance is the name of the game.
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In its State of Online Taxation 2025 report, Taxumo says that the Filipino digital workforce that is around 1.5 million earners had contributed to about 8.5 percent of the country’s gross domestic product last year.
Manila's burgeoning digital workforce made up of online sellers, micro-business owners, and other freelancers are quietly becoming massive contributors to the economy, according to a study conducted by the online tax compliance platform Taxumo.In its State of Online Taxation ...
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The funding, whose exact amount was undisclosed, also enables Beppo to acquire five pioneering bookkeeping firms.
Financial technology startup Beppo has acquired online tax platform JuanTax after closing a pre-seed funding round led by Wavemaker Partners. The amount, in which unidentified angel investors pitched in, was not disclosed.The capital also enabled Beppo to acquire five pioneering ...
No good swag goes untaxed.
In Everything Everywhere All At Once, which won Best Picture this year at the 95th Academy Awards, actress Michelle Yeoh (who took home Best Actress) and actor Ke Huy Quan (who took home Best Supporting Actor) play a couple struggling to figure ...
Are these bros really masters of the universe, or can they barely even master bits? (Of the universe.)
The hills are alive with the sound of illusions falling like dead fish onto a pier. The proud, entitled princes of the tech world have proven to be babes in the financial woods. The collapse of the Silicon Valley Bank had them ...
What do you think?
President Ferdinand Marcos Jr. has his work cut out for him. In his first State of the Nation Address, he laid out a few economic plans to try to raise revenues and tackle the country's ballooning debt and budget deficit. One ...
Easy money.
That headline might seem like spam, or worse, a YouTube title, but it's actually the law.The taxable income of social media "influencers" has been all over the news lately after the Bureau of Internal Revenue issued a circular meant to ...
No need to worry.
The Bureau of Internal Revenue issued Revenue Memorandum Circular 97-2021 earlier this month. The circular essentially clarifies the income generated by so-called social media influencers, or those who are earning by producing content through online platforms such as Facebook, Instagram, ...
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But a majority saw their incomes decline.
That the pandemic upended industries is no secret. Many businesses have either shuttered or are still struggling to stem their losses over a year into various levels of quarantine. A new study says, however, that it's not all bad news for ...
Sad news, online shoppers.
Don't check out that cart just yet.The House committee on ways and means has approved a bill that will impose value-added tax (VAT) on digital transactions, thereby amending the National Internal Revenue Code of 1997.Top Story: Celebrities Who ...
They're mostly freelancers and small business owners.
You don't have to check your social media feed to understand how devastating the effects of the coronavirus pandemic have been worldwide. Besides the thousands directly infected by the virus, you probably also know people who have lost their jobs or ...
Taxumo is also lowering its subscription packages for regular taxpayers.
UPDATE: On Thursday, March 19, The Department of Finance and the Bureau of Internal Revenue announced the extension of the deadline for the filing of income tax returns to May 15, 2020. Still, it's a good idea to check out this ...
The Department of Finance is pushing for a new law on taxes.
We all know being a commuter in Metro Manila is far from being easy, which is why most people save up for years to be able to buy their own car-a solution that has its own set of problems, but that' ...
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