[Ask the Tax Whiz] Who are required to withhold tax on online transactions? : vimarsana.com

The Philippine Tax Whiz discusses the recently issued Revenue Memorandum Circular No. 8-2024 which clarifies the imposition of 1% withholding tax on gross remittances made by e-marketplace operators and digital financial services providers to sellers/merchants pursuant to Revenue Regulations No. 16-2023

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