Escolar Documentos
Profissional Documentos
Cultura Documentos
20%
20%
25%
Yes
7.5%
Exempt
Exempt
Yes
Yes Exempt 5% 12% 20% 10% 10% of 1% of the GSP of the shares 5% on the first 100,000 10% on any excess of 100,000 6% Exempt 5% 12% 20% 20% 20% of 1% of the GSP of the shares 5% on the first 100,000 10% on any excess of 100,000 6% Exempt 25% 25% 25% 25% 25% of 1% of the GSP of the shares 5% on the first 100,000 10% on any excess of 100,000 6% Yes Tax based on GSP or FMV of property sold whichever is higher
Yes Yes
15% (for citizens: only where concurrently an alien holds a similar position; where alien is expatriated, preferential rate not applicable)
15%
15%
Sources of Income Income Tax Tax Bases Tax Rate Interest Peso bank deposits FCDUs Royalties Capital Gains from sales of shares of stock not traded in stock exchange Income of a depository bank under FCDU from foreign currency transactions with nonresidents, etc Capital Gains from Sales of Real Property Income of OBUs from foreign currency transactions with nonresidents, etc Regional Operating HQ Branch Profit Remittances Intl Carrier on Gross Phil. Billings Income of nonresident Cinematographic film owner/lessor/ distributor Owner/lessor of vessels chartered by Phil. Natl. Owner/lessor of aircraft/machineries/other equipment Intercorporate dividends Interest on foreign loans
N/A ---
25% 4.5% 7.5% 30% / 15% if tax pairing provision applies 30%/20%