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Individuals, including nonresident aliens, earning compensation income are taxed based only on the income tax schedule for individuals. On the other hand, self-employed individuals and professionals are taxed based on the income tax schedule for individuals, applicable percentage taxes, and value-added tax (VAT).
Lilian Hefti, was head of the BIR who assumed office in September 2007, but resigned in October 2008, for health reasons. [5] [6] On October 20, 2008, she was replaced by Sixto Esquivias, who served as deputy commissioner. [7] The Bureau currently has more than 75 BIR Forms [8] and tax classification for different professionals and businesses.
Online video platforms allow users to upload, share videos or live stream their own videos to the Internet. These can either be for the general public to watch, or particular users on a shared network. The most popular video hosting website is YouTube, 2 billion active until October 2020 and the most extensive catalog of online videos. [1]
Individual taxpayers with taxable income not exceeding ₱250,000 annually are exempted from income tax. The exemption for minimum wage earners is retained in the revised tax system. Tax rates for individual taxpayers still follow the progressive tax system [ 6 ] with the maximum rate of 35%, and minimum rates of 20% (taxable years 2018 to 2022 ...
The two dominant application areas of e-services are: E-business (or e-commerce): e-services mostly provided by businesses or non-government organizations (NGOs) (private sector). E-government: e-services provided by government to citizens or business (public sector is the supply side).
YouTube's intent in the creation of YouTube Shorts in 2020 was to compete with TikTok, [4] an online video platform for short clips. The company started by experimenting with vertical videos up to a length of 30 seconds in their own section within the YouTube homepage. [5] This early beta was released only to a small number of people.
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.