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.