Transparency should work both ways.
Owner reportedly allowed to apply for permits despite shutdown order.
Speaking from experience, the creator shares that shutting down a former business cost more in fees than what is earned.
The EoPT Act requires service providers to account for value-added tax upon issuing an invoice.
Unregistered online businesses and creators are urged to secure and display their BIR badges before October 31.
The incident highlights growing frustration among Filipino travelers over aggressive immigration questioning.
Designed to simplify compliance, the EoPT act now require VAT payments on billed invoices before clients even pay.
Under RMC No. 97-2021, content creators must report the fair market value of nonmonetary compensation alongside their cash earnings.
They claim it violates right to data privacy.
Struggling entrepreneurs face complex legal requirements, tax clearances, and government paperwork that can lead to penalties if ignored.
