The Securities and Exchange Commission has warned the public against individuals and groups engaged in unauthorized activities such as investment-taking in the guise of cryptocurrency trading and online selling.
Instead of slapping new taxes, Sen. Sherwin Gatchalian also prodded the government to extend fresh capital and other financial assistance to budding online entrepreneurs.
Sen. Risa Hontiveros on Wednesday, June 17, urged the Bureau of Internal Revenue (BIR) to “withdraw, review, and re-write” its memorandum circular on the...
Valenzuela representative Wes Gatchalian, author of House Bill No. 6122 or the proposed Internet Transactions Act, issued the clarification in the wake of a backlash to the BIR’s order for online sellers to register and pay tax dues.
