Taxation of Any Income Received by Social Media Influencers

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The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 97-2021 clarifying the taxation of any income received by social media influencers.

 

Source: https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2021%20RMCs/RMC%20No.%2097-2021.pdf?fbclid=IwAR3DhNtSfUwiLZybgSHE1wME9FpHNm8GWPxT8Jsa38gMSMyqvKNXBoYEzU0