BIR sees tax collection boost as online sellers start withholding
BIR sees tax collection boost as online sellers start withholding
THE Bureau of Internal Revenue (BIR) expects collections to improve in the coming months as the new withholding tax on online sales takes effect. “Collections from the withholding taxes from online sellers are expected to come in beginning November, so that will help,” BIR Commissioner Romeo D. Lumagui, Jr. told reporters on the sidelines of […]
THE Bureau of Internal Revenue (BIR) expects collections to improve in the coming months as the new withholding tax on online sales takes effect. “Collections from the withholding taxes from online sellers are expected to come in beginning November, so that will help,” BIR Commissioner Romeo D. Lumagui, Jr. told reporters on the sidelines of […]