Creditable Withholding Tax

• Professional fees for an individual payee where the gross income is less than or equal to 3,000,000

  5%
• Professional fees for an individual payee where the gross income is greater than 3,000,000

  10%
• Professional fees for non-individual payees where the gross income is less than or equal to 720,000

  10%
• Professional fees for non-individual payees where the gross income is greater than 720,000


  15%
• Income payment to partners of general professional partnerships where the gross income is less than or equal to 720,000

  10%
• Income payment to partners of general professional partnerships where the gross income is greater than 720,000

  15%
• Sale of goods

  1%
• Certain income payments made by credit card companies

  1%
• Services

  2%
• Rentals

  5%
• Income payments to beneficiaries of estates or trusts

  15%