Tax considerations when paying affiliates in the Philippines.
Starting an affiliate, referral, MLM, or networking program for your small business is a fantastic way to drive sales and expand your reach. However, there’s a critical aspect that can’t be overlooked: tax compliance. In the Philippines, the Bureau of Internal Revenue (BIR) requires businesses to withhold and remit taxes on commissions paid to affiliates, […]
Compensation Plan
Sellers choose a specific allocation amount, it can be as little as 10 centavos, it can also be much higher depending on the product and margin available. Micro transactions like cash-in fees and load, it would makes sense to allocate a small amount, while higher ticket items can offer more commission allocation. The point […]