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WorksheetsWEBINAR_OCT. 11, 2022
Total questions: 5
Worksheet time: 4mins
This term includes all taxpayers, individuals or corporations, receiving income, in cash or in kind, from any social media sites and platforms.
online sellers
social media influencers
vloggers
influencers
Social media influencers other than corporations and partnerships are classified for tax purposes as self-employed individuals or persons engaged in trade or business as sole proprietors.
True
False
Social media influencers are not liable for business tax, which may either be percentage or VAT.
True
False
When is the deadline of filing the Annual Income Tax Return for individual taxpayers?
May 15
April 15
August 15
November 15
In case of individual taxpayers, OSD shall be computed at the rate of forty percent (40%) of its gross income.
True
False
