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Oct 24 2023 BIR finalizes 1 percent tax for online sellers
By: Philstar
Source: philstarBased on the final draft of the revenue regulation posted on its website over the weekend, the BIR will impose a creditable withholding tax on income payments made by electronic marketplace operators to online merchants.
MANILA, Philippines — The Bureau of Internal Revenue (BIR) is in the final phase of its plan to impose…