15% Tax on all OFW Remittance

There is a NEWS that there will be 15% Remittance Tax for OFW on all Western Union remittances. but in reality upon checking it is only 0.15% Tax. But how this affect the bloggers. Some of bloggers in Philippines claim their Adsense earning thru Western Union. So if some of you are claiming Adsense Earning thru Western Union all your earning will be subjected to 0.15% Documentary Tax starting May 2008. This is also confirmed thru other sources of Lestat from Ofwlayf.

Dexter Panganiban https://techathand.net/about-2/

Dexter is a person who loves technology,new gadget, SEO, Social Media and Christianity. Follow him at twitter via @techathand and add him @ Google+ and contact us at [email protected]

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16Comments

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  1. 1
    kor

    kuya dex, when did you post the tax of ofw remittance?
    I mean there’s no date included on your post. How am I be able to know?…. pls, mail me.. I need that info asap! thanks…

  2. 4
    bm

    nakuha ko na yung 3rd payment ko today, pero wala pang deductions, bukas pa yta mag-take effect ‘to!

    bms last blog post..3rd Google Adsense Payment Received!

  3. 5
    ea

    nrinig k0 n rin blit n yan gling pinas, ang sbi 15% not 0.15%.. Khit an0 p sknila d p rin tama ang pgpt0ng ng tax s mga 0fw,, sbi ng g0v ntin gumgnda n raw ec0n ng pinas.. Per0 bkit lhat ng bilihin 2mtaas? At pati bigas umb0t n s presy0ng d mkatwiran,, yan b ung mgandang ec0n n cnsbi nila? Gmit n b ung reserve d0llar ng pinas? at s mga ofw ny0 2 kukunin? Sus gino0.. Tax ng tax d nman maipliwanag kung san npupunta angmga pera,,

  4. 7
    j0n

    an0 n b nangyyri s bansa ntin? Lhat ng blihin 2mataas,, pti b nman ang remittnce? Mlking bgay n ung 15% smin, ngbbyad n kmi d2 pr maipdla ang pera tp0s bbwasan p dyan,, over n p0 yan. G0dbless us all..

  5. 9
    aini

    pmbili ng bigas dn un ah…san n nmn kya mppunta ang bgong tax n yn?ok lng sna kng gumganda ang ekonomiya ng Pilipinas at sa dami ng OFW mlaking pera dn ang malilikom n nmn 🙂

  6. 11
    lestat

    🙂 maliit ang 0.15% pero pag pinagsama-sama ang lahat ng international transfers..siguradong aabot ng more than 1.2Billion dollars a month..($1.2Billion monthly remittance from OFWs alone)

    So, malaki laking collection yan.. hehe sana naman gamitin nila sa dapat pag gamitan yan..

    lestat’s last blog post..Cad Software is up and running

  7. 13
    Dexter

    @ EntrepreNars

    OO nga bagong patong na naman.. Pero maliit lang naman 0.15% lang pero bawas pa rin he he h..

    @ Fitz

    EntrepreNars is right. Withdrawal thru Paypal sa adsense ay wala pa. I believe James of pinoymoney talk had an experience with that.. Siguro may fee..

    Dexter’s last blog post..15% Tax on all OFW Remittance

  8. 15
    Fitz

    So it’s better now to have your adsense earnings sent through paypal than western union? I’m getting my first $100 soon (yay!) so i’d like to know.

    I haven’t tried withdrawing from my paypal account yet but I plan to do so soon (hopefully by end of May), does paypal charge fees for local bank deposits of your funds?

    Thanks in advance.

    Fitz’s last blog post..Checkmate

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