Learn How to Comply Your Tax from Earning Online

Social media influencers, online content creators and those earning income on social media/online platforms now has a clear directive from the Bureau of Internal Revenue regarding tax obligations. Revenue Memorandum Circular (RMC) 97-2021 talks about social media influencers and other taxable activities.

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Related Videos/Links:
RMC 97-2021 - https://tinyurl.com/rmc972021
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Hashtags:
#socialmediainfluencer #tax #philippines

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Time Stamps:
00:00​ Intro
00:20 RMC 97-2021
01:19 Influencer Defined
02:​​03 Applicable Taxes
02:43 Allowed Deduction
03:23 Tax Credit
03:47 Illustrative Case
07:04 Tax Compliances
07:17 Outro

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Disclaimer:
This video is mainly for academic purposes and is not a substitute in doing your due diligence. For highly technical tax issues, you are advised to seek professional assistance or contact BIR for proper tax compliance.