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Diagram of Tax Rates

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TA TAXATION XATION LAW EXHIBITS EXHI BITS

Type of Income

$ina nall Interest   from any currency bank  $i depo eposi sitt & yiel eld d or any any ot oth her  0' mone mo neta tary ry be bene nefi fitt fr from om de depo posi sitt substitutes & from trust funds & similar arrangements (exc xcep eptt on book bookss & Royalties  (e other other lit litera erary ry wo works rks & musica musicall compositions) $rizes  > P10,000 Ot%er &innins except   P!" & #otto Royalties  on books & other  literary works & musical compositions Interest Income  recei receied ed by an indiidu indi idual al (exce (except pt a nonr nonresid esident ent indiidual) from a depositary bank  #nde #nderr t%e t%e ex expa pand nded ed fore forei in n c#rrency deposit system from long long term term Interest income  from deposit or inestment in the form of saings, common or indiidual trus trustt fu fund nd,, de depo posi sitt subs substi titu tute tes, s, inestment management accounts & other inestments eidenced by certification in such form  prescribed by the !P Pre2termination of such certificate  before the th year (i+e+ 3 years to less than  years) l4esyseathrsanto4leysesarth s an 3 years This website stores data such as Cas% and!or $roperty 'iidends cookies to enable essential site from a domestic corp+ or from a functionality, as well as marketing,  5oint stock co+, insurance or  personalization, and analytics. You mutual fund companies & regional may change your settings at any time opedefault rating settings. head6uarters of  or accept the multi mu ltinat nation ional al compan companies ies(ta (tax x on dii diide dend ndss shal shalll ap appl ply y on only ly on income earned on.after 1.1.78) Privacy Policy %ar %aree of an in indi dii id# d#al al  in the the Marketing distributable net income after tax of a partnership (except 9PP) Personalization %are of an indiid#al in the net Analytics income after tax of an assn+, a 5oint acco accoun untt or a 5o 5oin intt ent entur uree or  Save Accept All

Rate For Non-Resident Citiz Citizen en (Incl. (Incl. OCW) of  $in $inal al %ax of  0'

Tax Rate For Resident Citizen

%ax

Non-Resident Alien enaed in trade ! "#siness $inal %a %ax x of  ncome %ax of  0' 0' Tax Rate For Resident Alien

$i $ina nall 10'

%ax

of  $inal $inal %ax of  $inal %ax %ax of  $i $ina nall %ax 10' 10' 10'

$i $ina nall *+'

%ax

of 

xempt tax

from

of 

$inal %ax %ax of   -./ *+'

xempt tax

from

x xem empt pt from from tax

xempt tax

from

$inal tax on the enti entire re in inco come me '

$i $in nal ta tax x on the entire income '

$i $ina nall ta tax x on the entire income '

$i $ina nall ta tax x on the entire income '

10 ' '  $inal $in al %ax %ax on amount actually receied: eginning 1.1.78 1.1. 78 ;'< eginning 1.1.77 1.1. 77 8'< eginning 1.1.00 10'

10 ' '  $inall %ax $ina %ax on amount actually receied: eginning 1.1.78 ;'< eginning 1.1.77 8'< eginning 1.1.00 10'

10 ' '  $inal %ax %ax on amount actually receied: eginning 1.1.78 ;'< eginning 1.1.77 8'< eginning 1.1.00 10'

10 ' '  ncom nc omee %ax %ax of  0'

1

 

TA TAXATION XATION LAW EXHIBITS EXHI BITS

consor con sortiu tium m taxab taxable le as a corp+ corp+ of  w.c he is a member.co2enturer  Capital ains  from sale, barter, Capital barter, exchange exch ange or other other disposit disposition ion of  shares of stock (of domestic corp+) not traded in the stock exchange

$inal tax on net ca capi pita tall ain ainss reali=ed reali =ed during during taxable year

$i $ina nall net ains  during duri ng

 -ot oer P100,000 "n any any amo amount unt in exce excesss of  P100,000 Capital ains from sale, exchange or other disposition of real  property located in Philippines, clas lassif ifiied as capit apitaal asse assets ts,, including pacto de retro sales & other forms of conditional sales

' 10'

year  ' 10'

$inal %ax on the r ro oss sell sellin in  or  price  c#rrent fair mar+ ma r+et et al# al#ee whicheer is higher 2 ;'

$inal %ax $inal %ax on the ross se sell llin in  pric pricee or c#rrent fair mar+e ma r+ett al#e al#e whic wh iche hee err is higher 2 ;'

xempt C*  from from sa sale le.d .dis ispo posi siti tion on of  xem  principal residence by natural 9 tax  persons, the proceeds of which is fully utili=ed in ac6u ac6uir irin ing. g.co cons nstr truc ucti ting ng a ne new w  principal residence w.in 18 mos+ from date of sale, proided histo historic rical al cost.a cost.ad5u d5uste sted d basis basis of  sold prop be carried to the new  principal residence built.ac6uired ommissioner+ uly notified w.in 40 days from sale %ax exemption can only be aailed once eery 10 yea ears rs f no fu full ll ut util ili= i=at atio ion n of   proceeds of sale, such portion

fr fro om

ta tax x on capital reali=ed taxab taxable le

x xem empt pt 9 tax

from from

$inal tax on $inal net capital ains  reali=ed during ta taxa xabl blee year  ' 10' $inal %ax %ax on the ross sel sellin lin  price price or c#rrent fa fair ir ma mar+ r+et et w.ceer  al#e is hi higher 2 ;' xemp xe mptt from from 9 tax

$i $ina nall ta tax x on net C* reali=ed during the year ' 10' $inal %ax $inal %ax on the ross sell sellin in  pric pricee or c#rrent fair mar+e ma r+ett al#e al#e w.ceer is higher 2 ;'

shall be of sub5ect to 9 tax ' ' on gros grosss ncome -onresident /lien /lien NOT This website stores data such as income en enga gage ged d in %rade rade or usi usine ness ss cookies to enable essential site exce except pt 9 on shar shares es and and re real al functionality, as well as marketing,  property personalization, and analytics. You ,,a nonreat nonresiden sident alien is an indiidual who shall come to the Philippines & stay therein for an may change your settings anyt time or accept the defaultaggregate settings. period of 180 days during any calendar year  Type of Income Privacy Policy Interest on currency bank deposits & yield or any Marketing other monetary benefit form deposit substitutes & from trust funds & similar arrangement Personalization Royalties (similar within the Philippines) Analytics Interest Inter est income from a depositary bank under the expanded foreign currency deposit system ($!) Save Accept All

'omestic Corp $inal tax 0'

Resident Non-Resident Forein Corp Forein of   $inal tax of   0'

$inal tax of *+ '

$inal tax of *+ '

xem emp pt tax

from

2

 

TA TAXATION XATION LAW EXHIBITS EXHI BITS

C* from sale, barter, exchange or other disposition of shares of stock (of domestic corp+) not traded in the stock exchange  -ot oer P100,000

"n any amount in excess of P100,000 Income de deri rie ed d by depo deposi sita tary ry bank bank unde underr th thee $! from foreign currency $! currency trans transactio actions ns with local local commer commercia ciall banks banks includ including ing branch branches es of  foreign banks that may be authori=ed by the !P to tr tran ansa sact ct bu busi sine ness ss wi with th $! $! unit unitss & ot othe her  r  depos dep osita itary ry banks banks under under th thee $!, $!, inc includ luding ing form rm fo fore reig ign n cu curr rren ency cy lo loan anss int nter ereest inco incom me fo gran grante ted d by such such de depo posi sito tory ry ba bank nkss un unde derr said said $! Inter-corporate diidends (from another domestic corp+) C* fro from m sale, sale, exchan exchange ge or oth other er dispos dispositi ition on of  lands and.or buildings which are not used in the  business of a corp+ & are treated treated as capital assets

Interest on forein loans contracted on or "efore !!/ In Inter terco corp rpor orat atee di dii ide dend ndss (cash (cash.prop .prop diidends diidends from fro m a domest domestic ic corpo corporat ration ion))  provided  provided,, that the coun countr try y in whi which th thee nonr nonres esid iden entt fo fore reig ign n corporation is domiciled shall allow a credit against the tax due from the nonresident foreign corporation taxes deemed to hae been paid in the Philippines e6uiale e6ui alent nt to: 0' for 177*< 177*< 17' for 1778< 1778< 18' for 1777< 1*' for 000< representing the difference  between the 1' tax & the

$inal tax on net capital ains reali=ed during the taxable yr: ' 10' $inal 10'

%ax

$inal tax on net capital ains reali=ed during the taxable yr: ' 10'

of   $inal 10'

xempt form tax $inal tax on r ros osss sell sellin in  [email protected],, pr pric icee or [email protected] whi hich che eeer is higher 2 ;'

%ax

$inal tax on net capital ains reali=ed during the taxable yr: ' 10'

of  

xempt form tax $inal tax on r ro oss sell sellin in  [email protected],, pr pric icee or [email protected] which hiche eer er is higher 2 ;' $inal %ax of  $inal 0' $inal $in al %ax of  1'

4'.43'.44'.4' 4'.43'.44 '.4' income tax, respectiely This website stores data such as cookies to enable essential site Tyas pewell of Ias ncomarketing, me Tax Rate functionality,  International  Internationa l Air Carrier  C' on 9ross Phil personalization, and analytics. You 9ross illings amount of gross reenue deried from carriage of persons, illings may change your Phil+ settings at anyAtime excess baggage, cargo & mail originating form the Philippines in a continuous & or accept the default settings. uninterrupted flight, irrespectie of the place of sale.issue & the place of payment of the ticket or passage document< ncludes tickets realidated, exchanges &.or  Privacy Policy indorsed to another intBl airline if the passenger boards a plane in a port.point in the the Phil Philip ippi pine nes+ s+ $o $orr a fl flig ight ht whic which h or orig igin inat ates es fr from om the the Ph Phil ilip ippi pine ness bu butt Marketing transshipment of passenger takes place at any port outside the Philippines on another airline, only the ali6uot portion of the cost of the ticket corresponding to Personalization the leg flown from the Philippines to the point of transshipment shall form part of  Analytics the 9P Save

Accept All 3

 

TA TAXATION XATION LAW EXHIBITS EXHI BITS

 International Shipping  International 9ross 9ro ss Phil Phil illin illings gs A gross gross re reenu enuee wheth whether er for passen passenger ger,, car cargo go or mai maill originating from the Philippines+ up to final destination, regardless of the place of  sale. payments of passage of freight documents Offshore Banking Units

$inal %ax %ax of 10' on gross gro ss incom incomee from from tran transa sact ctio ion ns with with

residents 1' on branch  Branch   Branch  Pr Prof ofit itss remi remitt tted ed (con (conne nect cted ed with with th thee co cond nduc uctt of it itss trad trade. e.bu busi sine ness ss in the the  profits remittance Philippines+) A based on the total profits applied.earmarked for remittance without any deduction for the tax component thereof (except those registered with the PD/)  Regional/Area  Regional/A rea Headquarters of ultinational ultinational Cos! A do not earn.derie income xempt from tax from the Philippines+ & w.c act as superisory, communication & coordinating center for their affiliates, subsidiaries or branches in the /sia2Pacific Eegion & other foreign markets  Regional Operating Headquarters of ultinational ultinational Co"panies A engaged in any of the following serices: a+ 9en 9enera erall / /dm dmini inistr strati ation on & pl plann anning ing  b+ usiness planning & coordination c+ !ourc !ourcing ing & procurem procurement ent of of raw materials materials & compone components nts d+ orpo orporat ratee financ financee adiso adisory ry seri serices ces e+ ?ar ?arket keting ing contro controll & sale saless prom promoti otion on f+ %r %rai aini ning ng & per perso sonn nnel el mgt+ mgt+ g+ #o #ogi gist stic ic ser seric ices es h+ Eese Eesear arch ch & d de eel elop opme ment nt i+ !e !er ric ices es & pro produ duct ct de deel elop opme ment nt  5+ %e %echnical chnical support & maintenance maintenance k+ ata ata proce processi ssing ng & commun communica icatio tion n l+ usi usine ness ss deel eelop opme ment nt

Type ofident Incocine"atogra me  #onresident  #onres phic fil" o$ner, o$ner, lessor lessor or distri%ut distri%utor  or  This website stores datacine"atographic such as  #onresident ident o$ner chartered %& the 'hil! #ationals #ationals cookies to  #onres enable essential siteor lessor of vessels chartered functionality, as well as marketing,  #onresident  #onres ident o$ner You or lessor of aircraft, aircraft, "achineries ( other other equip"ent  personalization, and analytics. may change your settings at any time or accept the default settings. Type of Income Privacy Policy Marketing Personalization Analytics 9ro rosss ncom ncomee A !a !ala lari ries es,, Fages, /nnuities, Save Accept All

taxa"le

T ax R e ' ofatross income 3+' of ross rentals0 lease or c%arter fees *+' of ro ross ss rental rentalss or fees

Tax Rate For Alien Indiid#al 1mployed 2y ffs%or oree 2an+ 2an+in in  Rei Re ion onal al Or Area rea Offs% 3ead4#arters 5 7nits Reional Reio nal Operatin Operatin 3ead4 ead4#a #art rter erss of  6#ltinational Cos.

1' 1' of of gro grosss in incom come

10' of income

1' o off gro gross ss inco incom me

$e $etr trol ole# e#m m er eric icee Contractor 5 #"contractor

1' of of gro gross ss inco incom me

4

 

TA TAXATION XATION LAW EXHIBITS EXHI BITS

ompensation, Eemuneration, "ther moluments (i+e+ hono onorari rariaa & all llow owan ance cess) receied fr fro om such cos+  'rovided,  'rovi ded,   same tax treatment treatment shall apply to $ilipinos abroad employe empl oyed d & occupyin occupying g same  positions in these these companies GG ?ulti ?ultina nati tion onal al compa company ny A a fo fore reig ign n fi firm rm.e .ent ntit ity y enga engage ged d in inter interna nati tion onal al affiliates.subsidiaries.branch affiliates.subs idiaries.branch offices in the /sia Pacific Eegion & other foreign markets

trad tradee with with

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