3,107,214.63 4,051,880.

58
81,904.80 38,022.78
- (26,910.00)
66,596.09 49,903.49
637,810.21 460,387.42
- 890,226.38
- (255,867.95)
655,751.33 -
443,932.39 -
105,478.39 (88,512.06)
7,071.38 (4,082.48)
8,700.00 8,700.00
- 841,222.20
300.00 200.00
113,536.93 16,710.18
- 7,704.18
1,158,004.15 1,105,002.41
6,386,300.30 7,094,587.13
TAX   TYPE   DESCRIPTION 

Professional fees (Lawyers, CPA's,

WE
Engineers, etc.)
    - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardlessof amount
Professional fees (Lawyers, CPA's,
WE
Engineers, etc.)
    - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000
Professional entertainer such as, but
WE not limited to actors and actresses,
singers, lyricist, composers, emcees
    - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount
Professional entertainer such as, but
WE not limited to actors and actresses,
singers, lyricist, composers, emcees
    - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000
Professional athletes including
WE basketball players, pelotaris and
jockeys
    - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount
Professional athletes including
WE basketball players, pelotaris and
jockeys
    - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000
All directors and producers involved in
WE movies, stage, television and musical
productions
    - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount
All directors and producers involved in
WE movies, stage, television and musical
productions
    - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000

WE Management and technical consultants

     - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount

WE Management and technical consultants

    - if gross income for the current year did

not exceed P720,000
    - if gross income exceeds P720,000
Business and Bookkeeping agents and
WE
agencies
     - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount
Business and Bookkeeping agents and
WE
agencies
     - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000
Insurance agents and insurance
WE
adjusters
     - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount
Insurance agents and insurance
WE
adjusters
    - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000
WE Other Recipients of Talent Fees
    - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount
WE Other Recipients of Talent Fees
    - if gross income for the current year did
not exceed P720,000
    - if gross income exceeds P720,000
Fees of Director who are not employees
WE
of the company
    - if the gross income for the current year
did not exceed P3M
    - if gross income is more than 3M or VAT
registered regardless of amount

Rentals Oon gross rental or lease for the

continued use or possession of
personal property in excess of P10,000
annually and real property used in
WE
business which the payor or obligor has
not taken title or is not taking title, or in
which has no equity; poles, satellites,
transmission facilities and billboards
 Cinemathographic film rentals and other
payments to resident indivduals and
WE
corporate cinematographic film owners,
lessors and distributors

WE Income payments to certain contractors

Income distribution to the beneficiaries

WE
of estate and trusts

Gross Commission of service fees of

customs, insurance, stock, immigration
and commercial brokers, fees of agents
WE of professional entertainers and real
estate service practitioners (RESPs)(i.e.
real estate consultants, real estate
appraisers and real estate brokers

     - if the gross income for the current year

did not exceed P3M

     - if gross income is more than 3M or

VAT registered regardless of amount

Gross Commission of service fees of

customs, insurance, stock, immigration
and commercial brokers, fees of agents
WE of professional entertainers and real
estate service practitioners (RESPs)(i.e.
real estate consultants, real estate
appraisers and real estate brokers

   - if gross income for the current year did

not exceed P720,000
   - if gross income exceeds P720,000

Professional fees paid to medical

practitioners (includes doctors of
medicine, doctors of veterinary science
WE
& dentist)  by hospitals & clinics or paid
directly by HMO and/or other semilar
establishments
   - if the gross income for the current year
did not exceed P3M
   - if gross income is more than 3M or VAT
registered regardless of amount
Professional fees paid to medical
practitioners (includes doctors of
medicine, doctors of veterinary science
WE
& dentist)  by hospitals & clinics or paid
directly by HMO and/or other semilar
establishments
   - if gross income for the current year did
not exceed P720,000
  - if gross income exceeds P720,000
Payment by the General Professional
WE
Partnership (GPPs) to its partners
    - if gross income for the current year did
not exceed P720,000
  - if gross income exceeds P720,000
Income payments made by credit card
WE
companies
Additional Income Payments to govt
personnel from importers, shipping and
WE
airline companies or their agents for
overtime services

Income Payment made by NGAs, LGU, &

etc to its local/resident suppliers of
WE
goods other than those covered by
other rates of withholding tax

Income Payment made by NGAs, LGU, &

etc to its local/resident suppliers of
WE
services other than those covered by
other rates of withholding tax

Income Payment made by top

withholding agents to their
WE local/resident suppliers of goods other
than those covered by other rates of
withholding tax

Income Payment made by top

withholding agents to their
WE local/resident suppliers of services
other than those covered by other rates
of withholding tax

Commissions, rebates, discounts and

other similar considerations
paid/granted to independent and/or
WE exclusive sales representatives and
marketing agents and sub-agents of
companies, including multi-level
marketing companies

     - if the gross income for the current year

did not exceed P3M

    -  if the gross income is more than P3M

or VAT registered regardless of amount

Gross payments to embalmers by

WE
funeral parlors
Payments made by pre-need companies
WE
to funeral parlors
WE Tolling fees paid to refineries

Income payments made to suppliers of

agricultural supplier products in excess
WE
of cumulative amount of P300,000 within
the same taxable year
 Income payments on purchases of
minerals, mineral products and quarry
resources, such as but not limited to
WE silver, gold, granite, gravel, sand,
boulders and other mineral products
except purchases by Bangko Sentral ng
Pilipinas

Income payments on purchases of

minerals, mineral products and quarry
resources by Bangko Sentral ng
WE
Pilipinas ((BSP) from gold
miners/suppliers under PD 1899, as
amended by RA No. 7076

On gross amount of refund given by

WE MERALCO to customers with active
contracts as classified by MERALCO

On gross amount of refund given by

WE MERALCO to customers with terminated
contracts as classified by MERALCO

On gross amount of interest on the

refund of meter deposits whether paid
directly to the customers or applied
against customer's billings of
WE
Residential and General Service
customers whose monthly electricity
consumption exceeds 200 kwh as
classified by MERALCO

On gross amount of interest on the

refund of meter deposits whether paid
directly to the customers or applied
WE against customer's billings of Non-
Residential customers whose monthly
electricity consumption exceeds 200
kwh as classified by MERALCO

On gross amount of interest on the refund

of meter deposits whether paid directly to
the customers or applied against
customer's billings of Residential and
WE
General Service customers whose monthly
electricity consumption exceeds 200 kwh
as classified by other  by other electric
Distribution Utilities (DU)

On gross amount of interest on the refund

of meter deposits whether paid directly to
the customers or applied against
customer's billings of Non-Residential
WE
customers whose monthly electricity
consumption exceeds 200 kwh as
classified by other electric Distribution
Utilities (DU)
 Income payments made by political parties
and candidates of local and national
elections on all their purchases of goods
and services relkated to campaign
WE expenditures, and income payments made
by individuals or juridical persons for their
purchases of goods and services intented
to be given as campaign contribution to
political parties and candidates

Income payments received by Real Estate

WE
Investment Trust (REIT)
Interest income denied from any other debt
instruments not within the coverage of
WE
deposit substitutes and Revenue
Regulations 14-2012
Income payments on locally produced raw
WE
sugar
 ATC
TAX RATE 
IND

 5%  WI010  

10% WI011

10%

15%

5% WI020

10% WI021

10%

15%

 5%  WI030

10% WI031

10%

15%

5% WI040

10% WI041

10%

15%
5%  WI050 

10%  WI051 

10%

15%

5% WI060

10% WI061

10%

15%

5% WI070

10% WI071

10%

15%

5% WI080

10% WI081

10%

15%

5% WI090

10% WI091

5% WI100
5% WI110

2% WI120

15% WI130

5% WI139

10% WI140

10%

15%

5% WI151

10% WI150

10%

15%
10% WI152

15% WI153

1% OF 1/2 of gross amount WI158

15% WI159

1% WI640 

 2% WI157 

1% WI158

2% WI160

5% WI515

10% WI516

1% WI530

1% WI535

5% WI540

1% WI610
5% WI630

1% WI632

15% WI650

15% WI651

10% WI660

10% WI661

10% WI662

10% WI663
5% WI680

1%

15% WI710

1% WI720
CORP

 WC010 

WC011

WC020

WC021

WC030

WC031

WC040

WC041
WC050

WC051

WC060

WC061

WC070

WC071

WC080

WC081

WC100
WC110

WC120

WC139

WC140

WC151

WC150
WC158

WC640 

WC157 

WC158

WC160

WC515

WC516

WC535

WC540

WC610
WC630

WC632

WC650

WC651

WC660

WC661

WC662

WC663
WC680

WC690

WC710

WC720