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Philippine BIR Online Seller Tax Collection Plan

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Philippine BIR Online Seller Tax Collection Plan

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Questions and Answers

What is the purpose of the tax collection plan for online sellers announced by the Bureau of Internal Revenue (BIR)?

To implement a new type of tax

To discourage online selling

To ensure that taxes due to the government are paid (correct)

To contribute to the local economy

According to the Revenue Regulation No. 16-2023, what will electronic marketplaces like Lazada be mandated to do?

Charge a 1% transaction fee to online sellers

Deduct 1% withholding tax from half of the seller's total gross remittances and remit it to the BIR (correct)

Waive all taxes for online sellers

Submit tax reports to the BIR without deductions

Why are all businesses in the Philippines generally required to pay taxes?

To discourage entrepreneurship

To contribute to the local economy

To comply with legal requirements and contribute to government revenue (correct)

To benefit from government subsidies

What is the tax rate that Lazada will be deducting from half of the online seller's total gross remittances?

1% (C) Signup and view all the answers

What does 'gross remittances' refer to according to the Revenue Regulation No. 16-2023?

Total amount of goods excluding sales returns, delivery fee, and value-added tax (VAT) (B) Signup and view all the answers

Who is exempted from the 1% withholding tax according to the Lazada tax policy?

Sellers who are not represented by an online cooperative registered with the BIR (A) Signup and view all the answers

What does gross remittance in Lazada-speak exclude?

Delivery or shipping fees paid by the buyer (B) Signup and view all the answers

How often will the 1% effective withholding tax be charged on gross remittances?

Monthly (B) Signup and view all the answers

What will happen if a seller's total gross remittances for the previous full year has not exceeded PHP 500,000.00?

They will not be imposed with the 1% withholding tax (A) Signup and view all the answers

What are the fees that will continue to be charged only if the seller joins the program, following the program mechanics?

Fees for partially-subsidized Free Shipping Max and Campaign Voucher (LazBonus) (D) Signup and view all the answers

What is the main goal of the VKAM escalation process flow?

To standardize assistance for sellers with PSC concerns (B) Signup and view all the answers

In the Service Management section, which of the following is NOT listed as an Operation Issue Scope?

Change of First Mile Follow Up (B) Signup and view all the answers

What is the protocol that VKAMs should NOT follow for PSC concerns?

Redirecting PSC concerns to commercial teams (C) Signup and view all the answers