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
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XMC Group comprises of accounting and legal services experts specializing in providing accounting and compliance services to different kinds of business.
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Unit 404, 4F Ortigas Technopoint Two,
Doña Julia Vargas Ave., Ortigas Center, Brgy. Ugong, Pasig City, Metro Manila, Philippines
Cebu:
8TH Floor Gagfa Building, Barangay Kasambagan, Cebu City 6000
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