Thursday, November 5, 2009

Taxes for Christmas Bazaars

In the current news given earlier, it was announced that the Bureau of Internal Revenues (BIR) shall be collecting taxes from Christmas Bazaars starting December 5 where Php 100.00-150.00 per day shall be collected.

I must say as an exhibitor that we only earn and cope with the crisis because of the holiday rush and now BIR is simply too eager to skin us alive. As a small business, taxes and operational costs really burn us although these are only fair but I wish they can give exceptions especially to those who only do business on very very short time compared to the recession that has been occuring for months now.