SUMMARY
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Yes. Online freelancing, like any business, must be registered with the Bureau of Internal Revenue. Regardless of the financial outcome, any transaction made more than once to generate income is considered in the course of trade or business. Except for those classified as marginal income earners, online freelancers are subject to both income and business taxes (i.e. 12% VAT or 3% percentage tax). If your gross sales or receipts for the past 12 months exceeded P1,919,500.00 ($44,348.57), you are subject to 12% VAT. Otherwise, you are liable to pay 3% percentage tax based on your monthly sales.
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