Inquirer on MSN6mon
BIR: Online sellers must now pay withholding tax
MANILA, Philippines — The Bureau of Internal Revenue (BIR) on Tuesday said electronic marketplace operators such as Shopee ...
philstar.com1d
Government securities for the non-resident foreign investor
In the case of government bonds, a 20 percent final withholding tax (FWT) is generally imposed on the interest income of a non-resident investor. A lower rate may be claimed by the non-resident under ...
The Nation Newspaper1mon
‘No TIN, no exemption from Withholding Tax’
Firms without Tax Identification Number (TIN) will not enjoy the exemption from Withholding Tax payment. This is one of the conditions stipulated in the Withholding Tax reform regulation which ...
Hosted on MSN1mon
Interesting fact on T-bonds: Is your interest income taxable?
Generally, interest paid to a nonresident foreign corporation (NRFC) is subject to 25-percent final withholding ... of the Tax Code in relation to Article 11(3)(a) of the Philippines-Netherlands ...