PASSIVE TAX INCOME %

• INTERESTS FROM ANY CURRENCY BANK

  20%
• ROYALTIES OTHER THAN BOOKS

  20%
• ROYALTIES ON BOOKS


  10%
• PRIZES (MORE THAN 10K)


  20%
• PRIZES (10K OR LESS)


  TAX TABLE
• WINNINGS (MORE THAN 10K)

  20%
• WINNINGS (LESS THAN 10K)


  EXEMPT
• INTEREST INCOME...DEPOSITORY BANK,,,FOREIGN CURRENCY SYSTEM

  15%
• INTEREST INCOME FROM LONG TERM DEPOSIT OR INVESTMENT

  EXEMPT
• CASH/PROPERTY DIVIDENDS ....FROM DOMESTIC CORPORATION

  10%
• CASH/PROPERTY DIVIDENDS ....FROM DOMESTIC CORPORATION - NRAETB


  20%
• PROPRIETARY EDUCATIONAL INSTITUTION


  1%
• NONPROFIT HOSPITALS 


  1%
• GOVT OWNED OR CONTROLLED CORPORATIONS

  JULY 1 2020 TO JUNE 30 2023- 1%

  JULY 1 2023 ONWARD - 10%
• GSIS, SSS, HOME DEVELOPMENT FUND, PHIC, LOCAL WATER DISTRICT

  EXEMPT
• DIVIDENDS RECEIVED BY A RESIDENT FOREIGN CORP FROM A DOMESTIC CORP

  EXEMPT
• Interest income from foreign currency loans granted by such depository banks under said expanded system to residents other than offshore banking units in the Philippines or other depository banks under the expanded system shall be subject to a final tax at the rate of 10%
• Any income of nonresidents, whether individuals or corporations, from

  transactions with depository banks under the expanded system shall be ______from income tax."

  exempt
• INTERNATIONAL CARRIER DOING BUSINESS IN PH - TAX BASE GROSS PH BILLINGS

  2.5%
• REGIONAL OR ARE HEADQUARTERS (NOT OPERATING IN DOM)

  EXEMPT
• REGIONAL OPERATING HEADQUARTERS


  10%
• INTEREST ON FOREIGN LOANS - NRFC

  20%
• DIVIDENDS RECEIVED FROM A DOMESTIC CORP - NRFC

  15%
• NONRESIDENT CINEMATOGRAPHIC FILM


  25%
• NONRESIDENT OWNER OF VESSELS

  4.5%
• NONRESIDENT OWNER OF AIRCRAFT

  7.5%