Couple/Vloggers Nicanor and Inday formed their YouTuube Channel “Ja-Mell”. Due to their fanbase of over 12 Million subscribers, they were able to monetize the millions of views on their content from Google LLC which owns YouTube. They recently deleted their YT account in view of the purported RMC issued by the BIR taxing social media influencers. Which is FALSE assuming they are separately paid by YT? Group of answer choices Ja-Mell is liable to business tax depending on whether they breached the VAT threshold Ja-Mell is required to register with the BIR because they are considered as in practice of their profession Ja-Mell can claim as business expenses/deductions the filming expenses and other expenses related to their “vlogging” Ja-Mell is not required to register with the BIR even if they earn money if vlogging is a hobby only and not intended for profit
HELP PLEASE ASAP. THANK YOU.
Couple/Vloggers Nicanor and Inday formed their YouTuube Channel “Ja-Mell”. Due to their fanbase of over 12 Million subscribers, they were able to monetize the millions of views on their content from Google LLC which owns YouTube. They recently deleted their YT account in view of the purported RMC issued by the BIR taxing social media influencers. Which is FALSE assuming they are separately paid by YT?
Group of answer choices
Ja-Mell is liable to business tax depending on whether they breached the VAT threshold
Ja-Mell is required to register with the BIR because they are considered as in practice of their profession
Ja-Mell can claim as business expenses/deductions the filming expenses and other expenses related to their “vlogging”
Ja-Mell is not required to register with the BIR even if they earn money if vlogging is a hobby only and not intended for profit
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