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Tax on Social Media Influencers

The Bureau of Internal Revenue recently issued Revenue Memorandum Circular No. 97-2021 (RMC 97-2021), clarifying the tax obligations of social media influencers in the Philippines. As defined in the said RMC, social media influencers (“influencer”) are

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Set your mind on a definite goal and observe how quickly the world stands aside to let you pass. - Napoleon Hill

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