TAX
RATES
10%
15%
Rentals- film, real/personal properties, poles, satellites & transmission facilities, billboards
Individual/Corporate
5%
2%
15%
Gross commission or service fees of custom, insurance, stock, real estate, immigration and
commercial brokers & fees of agents of professional entertainers - Individual/Corporate
10%
of
1%
Income payments made by the government to its local/resident suppliers of goods Individual/Corporate
1%
Income payments made by the government to its local/resident suppliers of service Individual/Corporate
2%
Income payments made by top 20,000 private corporations to their local/resident suppliers
of goods - Individual/Corporate
1%
Income payments made by top 20,000 private corporations to their local/resident suppliers
of services - Individual/Corporate
2%
Addtl payments to govt. personnel from importers, shipping and airline companies/agents
for overtime services
15%
10%
1%
5%
1%
Income payments on purchases of minerals, mineral products & quarry resources Individual/Corporate
5%
Income payments on purchases of gold by BSP from gold miners/suppliers under PD 1899,
as amended by RA No. 7076- Individual/Corporate
5%
25%
30%
Withholding on gross amount of interest on the refund of meter deposit whether paid
directly to the customers or applied against customer's billing Residential/Non-residential
and General Service customers whose monthly electricity consumption exceeds 200 kwh as
classified by MERALCO other DU - Individual/Corporate
Withholding on gross amount of interest on the refund of meter deposit whether paid
directly to the customers or applied against customer's billing - Non-Residential customers
whose monthly electricity consumption exceeds 200 kwh as classified by other electric
Distribution Utilities (DU) - Individual/Corporate
Income payments made by the top five thousand (5,000) individual taxpayers to their
local/resident suppliers of goods other than those covered by other rates of withholding taxIndividual/Corporate
Income payments made by the top five thousand (5,000) individual taxpayers to their
local/resident suppliers of services other than those covered by other rates of withholding
tax- Individual/Corporate
Income payments made by political parties and candidates of local and national elections of
all their purchase of goods and services as campaign expenditures, and income payments
made by individuals or juridical persons for their purchases of goods and services intended
to be given as campaign contribution to political parties and candidates
-Individual/Corporate
Income payments received by Real Estate Investment Trust (REIT)
Interest income derived from any other debt instruments not within the coverage of deposit
substitutes and Revenue Regulations No. 14-2012 subject to Creditable/ Expanded
Withholding Tax - Individual/Corporate
10%
20%
1%
2%
5%
1%
20%
TAX
RATES
5%
12%
12%
3%
Franchise Tax on Gas and Water Utilities; Radio/TV broadcasting co. whose GR is less than
P10M (Non-VAT)
2%
Persons exempt from VAT under Sec. 109(v) (creditable)-Government Withholding Agent
3%
10%
5%
1%
0%
10%
treated as GI under the Code. On net trading gains w/in the taxable year on FOREX, debt
securities, derivatives, and other similar financial instruments
Tax on Other Non-Banks Financial Intermediaries Not Performing Quasi-Banking Functions.
On interest, commissions and discounts from lending activities as well as income from
financial leasing, on the basis of the remaining maturities of instrument from which such
receipts are derived: - Maturity period is five years or less
Tax on Other Non-Banks Financial Intermediaries Not Performing Quasi-Banking Functions.
On interest, commissions and discounts from lending activities as well as income from
financial leasing, on the basis of the remaining maturities of instrument from which such
receipts are derived: - Maturity is more than five years
5%
1%
5%
4%
5%
3%
Tax on amusement places, such as cockpits, cabaret, night or day clubs, videoke bars,
karaoke bars, karaoke television, karaoke boxes, music lounges and other similar
establishments
Tax on boxing exhibitions
18%
10%
15%
30%
of
1%
Tax on shares of stock sold or exchanged through IPO and secondary PO - Not over 25%
4%
Tax on shares of stock sold or exchanged through IPO and secondary PO - Over 25% but not
exceeding 33 1/3%
2%
Tax on shares of stock sold or exchanged through IPO and secondary PO - Over 33 1/3%
1%
12%
Persons exempt from VAT under Section 109v (final/creditable) - Private Withholding Agent
3%
TAX
RATES
20%
10%
10%
30%
15%
20%
30%
10%
All kinds of royalty payments to RC, NRC, NRAETB, DC, RFC (other than WI 380 and WI 341)
20%
20%
15%
On gross rentals, lease and charter fees derived by non-resident owner or lessor of foreign
vessels
4.5%
7.5%
8%
15%
Payments to NRANETB except on sale of shares in domestic corporation and real property
15%
25%
Final tax on interest or other payments upon tax-free covenant bonds, mortgages, deeds of
trust or other obligations under Sec. 57C of the NIRC of 1997
30%
Royalties paid to citizens, resident aliens and NRAETB on books, other literary works and
musical composition
10%
10%
10%
TAX
RATES
4%
10%
TAX
RATES
15%
32%
TAX
RATES
20%
7.5%
5%
20%
12%
5%
DESCRIPTION
Registered w/ HLURB/HUDCC engaged in socialized housing pursuant to RA 7279
Not over P180,000 (MM and other highly urbanized areas)
Not over P150,000 (other areas)
NOT Registered w/ HLURB/HUDCC engaged in socialized housing pursuant to RA 7279 but
habitually engaged in RE business
Not over P500,000
NOT Registered w/ HLURB/HUDCC engaged in socialized housing pursuant to RA 7279 but
habitually engaged in RE business
Over P500,000 P2,000,000
NOT Registered w/ HLURB/HUDCC engaged in socialized housing pursuant to RA 7279 but
habitually engaged in RE business
Over P2,000,000
NOT Registered w/ HLURB/HUDCC engaged in socialized housing pursuant to RA 7279 NOT
habitually engaged in RE business
TAX
RATES
0%
1.5%
3%
5%
6%