Tax Rates

• PERSONS NOT ENGAGED IN BUSINESS

  Non-resident alien not engaged in trade or business

  25%
• PERSONS NOT ENGAGED IN BUSINESS

  Non-resident foreign corporation

  25%
• INTEREST INCOME - (bank deposit or deposit substitute)

  Individual


  20%
• INTEREST INCOME - (bank deposit or deposit substitute)

  Corporation


  20%
• INTEREST INCOME

  Less than 3 years

  20%
• INTEREST INCOME

  3 years to less than 4 years

  12%
• INTEREST INCOME

  4 years to less than 5 years

  5%
• INTEREST INCOME

  5 years or more

  0%
• INTEREST INCOME - FCDU

  applicable only to resident

  15%
• DIVIDENDS

  Domestic - Individuals 


  10% (except NRA ETB 20%)
• DIVIDENDS

  Foreign - Individual 


  Regular Tax
• DIVIDENDS

  domestic - Corporation 


  Exempt (Except NRFC 25%)
• DIVIDENDS

  foreign - corporation 


  Subject to conditions can be exempted
• SHARE IN NET INCOME


  10%
• ROYALTIES

  Books, Literary works and musical compositions - Individuals


  10%
• ROYALTIES

  Books, Literary works and Musical composition - Corporation 


  20%
• ROYALTIES

  Other Source- individuals


  20%
• ROYALTIES

  Other Source - Corporations


  20% (Except NRA and NRFC - Cinematography films and similar works 25%)
• PRIZES

  Prizes exceeding 10k - Individuals 


  20%
• PRIZES Prizes not exceeding 10k - Individuals


  Regular Tax
• PRIZES Prizes exceeding 10k - Corporation 


  Regular Tax
• PRIZES Prizes not exceeding 10k - Corporation 


  Regular Tax
• WINNINGS

  PCSO / lotto not exceeding 10k - individual 


  Exempt
• WINNINGS PCSO / lotto not exceeding 10k - Corporation 


  Exempt
• WINNINGS PCSO / lotto exceeding 10k - individual 


  20%
• WINNINGS PCSO / lotto exceeding 10k - corporation 


  20%
• WINNINGS Other winnings in general - individual 


  20%
• WINNINGS

  Other winnings in general - corporation 


  Regular Tax
• TAX INFORMER'S REWARD


  10% or 1M whichever is lower
• TAX FREE COVENANT BONDS

  (applicable only to individuals)

  30%
• CAPITAL GAINS

  • Shares of Stocks
  • Sale of Domestic stock sold directly to buyer

  15%
• CAPITAL GAINS TAX

  • share of stocks
  • Sale of real property not used in Business

  6%
• DOCUMENTARY STAMP TAX

  • Sale for domestic stocks sold directly to buyer

  ₱1.50 for every ₱200 of Par value of stock sold
• DOCUMENTARY STAMP TAX

  • Sale of real properties not used in business

  ₱15 for every ₱1,000 of the selling price or FMV whichever is higher