Lazada, Shopee and Online Platform Merchants are Reminded of their Tax Obligations
The digital revolution has transformed the business landscape in the Philippines. E-commerce platforms like Lazada, Shopee, and Zalora have made buying and selling goods and services more accessible. But with these new opportunities come new tax obligations. Understanding your tax responsibilities is crucial whether you’re a merchant selling your products online or a platform provider […]
The Power of Tax Residency: A Guide to Maximizing Your YouTube Earnings
Understanding your tax residency can be a game-changer in international taxation, especially for digital content creators like YouTubers. But what exactly is tax residency, and how can it help you keep more of your hard-earned money? Tax residency refers to the jurisdiction (or jurisdictions) where you are considered a resident for tax purposes. This is […]
ChatGPT, Netflix, Microsoft, Google & Other A.I. Sites Subscriptions Taxable in the Philippines?
Unraveling the Digital Tax Enigma
In the digital age, the world is at our fingertips. We are more connected than ever, from streaming our favorite shows on Netflix and using A.I. services like ChatGPT to subscribe to software licenses from Microsoft or Google. But have you ever stopped to consider these digital transactions’ tax implications? In international taxation, the place […]
The Basics of Beneficial Ownership in the Philippines
As a business owner in the Philippines, it is important to understand the concept of beneficial ownership. In simple terms, a beneficial owner is someone who has the right to enjoy the benefits of ownership of an asset, even though the legal title is held by someone else. In this guide, we will discuss the […]
UHYMAC Empowers Employees with Global Best Practices at the UHY Regional Meeting
The golden sands and emerald waves of Phuket’s SAII Laguna Resort provided the picturesque backdrop for our enlightening journey – the UHY Regional Meeting from July 12 to 14, 2023. Hosted by UHY Yongyuth Accounting & Son Co. Ltd & UHY International Executive Office, encompassing the theme “UHY Re-building Good Working Relationships in the Asia […]