13 Questions
What is the purpose of the tax collection plan for online sellers announced by the Bureau of Internal Revenue (BIR)?
To ensure that taxes due to the government are paid
According to the Revenue Regulation No. 16-2023, what will electronic marketplaces like Lazada be mandated to do?
Deduct 1% withholding tax from half of the seller's total gross remittances and remit it to the BIR
Why are all businesses in the Philippines generally required to pay taxes?
To comply with legal requirements and contribute to government revenue
What is the tax rate that Lazada will be deducting from half of the online seller's total gross remittances?
1%
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)
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
What does gross remittance in Lazada-speak exclude?
Delivery or shipping fees paid by the buyer
How often will the 1% effective withholding tax be charged on gross remittances?
Monthly
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
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)
What is the main goal of the VKAM escalation process flow?
To standardize assistance for sellers with PSC concerns
In the Service Management section, which of the following is NOT listed as an Operation Issue Scope?
Change of First Mile Follow Up
What is the protocol that VKAMs should NOT follow for PSC concerns?
Redirecting PSC concerns to commercial teams
Learn about the Philippines' Bureau of Internal Revenue (BIR) tax collection plan for online sellers, as mandated by Revenue Regulation No. 16-2023. Understand the guidelines for withholding tax on online transactions and its impact on sellers' remittances.
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