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A Income Payments subject to Expanded Withholding Tax |
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ATC |
A Income Payments subject to Expanded Withholding Tax |
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ATC |
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Individual |
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Corporation |
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Individual |
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Corporation |
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Professional (Lawyers, CPAs, Engineers, etc.) |
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Payment by the General Professional Partnerships (GPPs) to its partners |
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If gross income for the current year did not exceed P 3M |
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WI010 |
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If gross income for the current year did not exceed P 720,000 |
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WI152 |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI011 |
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If gross income exceeds P 720,000 |
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WI153 |
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Professional (Lawyers, CPAs, Engineers, etc.) |
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Income |
payments made by credit card companies |
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WI156 |
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WC156 |
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If gross income for the current year did not exceed P 720,000 |
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WC010 |
Additional income payments to government personnel from importers, shipping |
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WI159 |
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If gross income exceeds P 720,000 |
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WC011 |
and airline companies or their agents for overtime services |
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Professional entertainers such as, but not limited to actors and actresses, singers, |
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Income |
payments made by the government and government-owned and |
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lyricist, composers, emcees |
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controlled corporations (GOCCs) to its local/resident suppliers of goods |
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WI640 |
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WC640 |
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If gross income for the current year did not exceed P 3M |
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WI020 |
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other |
than those covered by other rates of withholding tax |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI021 |
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Income |
payments made by the government and government-owned and |
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Professional entertainers such as, but not limited to actors and actresses, singers, |
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controlled corporations (GOCCs) to its local/resident suppliers of services |
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WI157 |
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WC157 |
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lyricists, composers, emcees |
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other than those covered by other rates of withholding tax |
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If gross income for the current year did not exceed P 720,000 |
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WC020 |
Income |
payment made by top withholding agents to their local/resident supplier |
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WI158 |
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WC158 |
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If gross income exceeds P 720,000 |
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WC021 |
of goods other than those covered by other rates of withholding tax |
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Professional athletes including basketball players, pelotaris and jockeys |
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Income |
payment made by top withholding agents to their local/resident supplier |
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WI160 |
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WC160 |
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If gross income for the current year did not exceed P 3M |
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WI030 |
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of services other than those covered by other rates of withholding tax |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI031 |
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Commissions, rebates, discounts and other similar considerations paid/granted to |
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Professional athletes including basketball players, pelotaris and jockeys |
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independent and/or exclusive sales representatives and marketing agents and sub- |
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If gross income for the current year did not exceed P 720,000 |
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WC030 |
agents |
of companies, including multi-level marketing companies |
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If gross income exceeds P 720,000 |
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WC031 |
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If gross income for the current year did not exceed P 3M |
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WI515 |
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All directors and producers involved in movies, stage, radio, television and musical |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI516 |
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productions |
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Commissions, rebates, discounts and other similar considerations paid/ granted |
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If gross income for the current year did not exceed P 3M |
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WI040 |
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to independent and/or exclusive sales representatives and marketing agents |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI041 |
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and sub-agents of companies, including multi-level marketing companies |
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All directors and producers involved in movies, stage, radio, television and musical |
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If gross income for the current year did not exceed P 720,000 |
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WC515 |
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productions |
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If gross income exceeds P 720,000 |
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WC516 |
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If gross income for the current year did not exceed P 720,000 |
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WC040 |
Gross |
payments to embalmers by funeral parlors |
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WI530 |
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If gross income exceeds P 720,000 |
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WC041 |
Payments made by pre-need companies to funeral parlors |
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WI535 |
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WC535 |
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Management and technical consultants |
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Tolling |
fees paid to refineries |
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WI540 |
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WC540 |
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If gross income for the current year did not exceed P 3M |
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WI050 |
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Income |
payments made to suppliers of agricultural products in excess |
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WI610 |
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WC610 |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI051 |
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of cumulative amount of P 300,000 within the same taxable year |
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Management and technical consultants |
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Income |
payments on purchases of minerals, mineral products and quarry |
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If gross income for the current year did not exceed P 720,000 |
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WC050 |
such |
as but not limited to silver, gold, marble, granite, gravel, sand, boulders |
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WI630 |
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WC630 |
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If gross income exceeds P 720,000 |
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WC051 |
and other mineral products except purchases by Bangko Sentral ng Pilipinas |
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Business and bookkeeping agents and agencies |
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Income |
payments on purchases of minerals, mineral products and quarry |
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If gross income for the current year did not exceed P 3M |
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WI060 |
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resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under |
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WI632 |
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WC632 |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI061 |
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PD 1899, as amended by RA No. 7076 |
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Business and bookkeeping agents and agencies |
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On gross amount of refund given by MERALCO to customers with |
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WI650 |
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WC650 |
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If gross income for the current year did not exceed P 720,000 |
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WC060 |
active |
contracts as classified by MERALCO |
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If gross income exceeds P 720,000 |
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WC061 |
On gross amount of refund given by MERALCO to customers with |
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WI651 |
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WC651 |
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Insurance agents and insurance adjusters |
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terminated contracts as classified by MERALCO |
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If gross income for the current year did not exceed P 3M |
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WI070 |
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On gross amount of interest on the refund of meter deposit whether paid directly to |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI071 |
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the customers or applied against customer’s billings of Residential and General |
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WI660 |
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WC660 |
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Insurance agents and insurance adjusters |
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Service |
customers whose monthly electricity consumption exceeds 200 kwh as |
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If gross income for the current year did not exceed P 720,000 |
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WC070 |
classified by MERALCO |
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If gross income exceeds P 720,000 |
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WC071 |
On gross amount of interest on the refund of meter deposit whether paid directly to |
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Other recipients of talent fees |
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the |
customers or applied against customer’s billings of |
Non- Residential customers |
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WI661 |
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WC661 |
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If gross income for the current year did not exceed P 3M |
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WI080 |
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whose |
monthly electricity consumption exceeds 200 kwh as classified by |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI081 |
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MERALCO |
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Other recipients of talent fees |
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On gross amount of interest on the refund of meter deposit whether paid directly to |
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If gross income for the current year did not exceed P 720,000 |
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WC080 |
the |
customers or applied against customer’s billings of Residential and General |
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WI662 |
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WC662 |
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If gross income exceeds P 720,000 |
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WC081 |
Service |
customers whose monthly electricity consumption exceeds 200 kwh as |
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Fees of directors who are not employees of the company |
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classified by other electric Distribution Utilities (DU) |
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If gross income for the current year did not exceed P 3M |
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WI090 |
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On gross amount of interest on the refund of meter deposit whether paid directly to |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI091 |
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the customers or applied against customer’s billings of |
Non-Residential customers |
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WI663 |
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WC663 |
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Rentals: On gross rental or lease for the continued use or possession of personal |
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whose |
monthly electricity consumption exceeds 200 kwh as classified by other |
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property in excess of Ten thousand pesos (P 10,000) annually and real property |
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WI100 |
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WC100 |
electric |
Distribution Utilities (DU) |
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used in business which the payor or obligor has not taken title or is not taking title, |
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Income |
payments made by political parties and candidates of local and national |
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or in which has no equity; poles, satellites, transmission facilities and billboards |
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elections on all their purchases of goods and services related to campaign |
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Cinematographic film rentals and other payments to resident individuals and |
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WI110 |
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WC110 |
expenditures, and income payments made by individuals or juridical persons for |
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WI680 |
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WC680 |
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corporate cinematographic film owners, lessors or distributors |
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their purchases of goods and services intended to be given as campaign |
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Income payments to certain contractors |
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WI120 |
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WC120 |
contributions to political parties and candidates |
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Income distribution to the beneficiaries of estates and trusts |
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WI130 |
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Income |
payments received by Real Estate Investment Trust (REIT) |
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WC690 |
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Gross commissions or service fees of customs, insurance, stock, immigration and |
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Interest |
income derived from any other debt instruments not within the |
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WI710 |
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WC710 |
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commercial brokers, fees of agents of professional entertainers and real estate |
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coverage of deposit substitutes and Revenue Regulations No. 14-2012 |
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service Practitioners (RESPs), (i.e. real estate consultants, real estate appraisers |
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Income payments on locally produced raw sugar |
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WI720 |
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WC720 |
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and real estate brokers) |
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Sale of Real Property (Ordinary Asset) |
1.50% |
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WI555 |
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WC555 |
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If gross income for the current year did not exceed P 3M |
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WI139 |
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3% |
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WI556 |
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WC556 |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI140 |
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5% |
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WI557 |
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WC557 |
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Gross commissions or service fees of customs, insurance, stock, immigration and |
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6% |
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WI558 |
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WC558 |
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commercial brokers, fees of agents of professional entertainers and real estate |
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B |
Money Payments Subject to Withholding of Business Tax by Government or Private |
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service Practitioners (RESPs), (i.e. real estate consultants, real estate appraisers |
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Payor (Individual & Corporate) |
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and real estate brokers) |
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Persons Exempt from VAT under Sec. 109BB (creditable)-Government Withholding |
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WB080 |
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If gross income for the current year did not exceed P 720,000 |
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WC139 |
Agent |
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If gross income exceeds P 720,000 |
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WC140 |
Persons Exempt from VAT under Sec. 109BB (creditable)-Private Withholding |
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WB082 |
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Professional fees paid to medical practitioners (includes doctors of medicine, |
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Agent |
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doctors of veterinary science & dentists) by hospitals & clinics or paid directly by |
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VAT Withholding on Purchases of Goods (with waiver of privilege to claim input tax |
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WV012 |
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Health Maintenance Organizations (HMOs) and/or similar establishments |
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credit) (creditable) |
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If gross income for the current year did not exceed P 3M |
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WI151 |
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VAT Withholding on Purchases of Services (with waiver of privilege to claim input |
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WV022 |
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If gross income is more than P 3M or VAT Registered regardless of amount |
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WI150 |
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tax credit) (creditable) |
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Professional fees paid to medical practitioners (includes doctors of medicine |
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doctors of veterinary science & dentists) by hospitals & clinics or paid directly by |
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Health Maintenance Organizations (HMOs) and/or similar establishments |
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If gross income for the current year did not exceed P 720,000 |
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WC151 |
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If gross income exceeds P 720,000 |
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WC150 |
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C Money Payments Subject to Withholding of Business Tax by Government Payor Only |
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Tax on Carriers and Keepers of Garages |
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WB030 |
Tax on Other Non-Banks Financial Intermediaries not Performing Quasi-Banking |
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Franchise Tax on Gas and Utilities |
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WB040 |
Functions |
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Franchise Tax on radio & radio & TV broadcasting companies whose annual gross receipts do |
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WB050 |
A. |
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On interest, commissions and discounts from lending activities as well as Income |
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not exceed P10M & who are not VAT-registered taxpayers |
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from financial leasing, on the basis of the remaining maturities of instrument from |
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Tax on Life Insurance Premiums |
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WB070 |
which such receipt are derived |
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Tax on Overseas Dispatch, Message or Conversation from the Philippines |
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WB090 |
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- Maturity period is five years or less |
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5% |
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WB108 |
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Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi Banking Functions |
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- Maturity period is more than five years |
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1% |
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WB109 |
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A. On interest, commissions and discounts from lending activities as well as income from financial |
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B. |
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On all other items treated as gross income under the code |
5% |
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WB110 |
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leasing, on the basis of the remaining maturities of instrument from which such receipt are derived |
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Tax on Cockpits |
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WB140 |
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- Maturity period is five years or less |
5% |
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WB301 |
Tax on amusement places, such as cabarets, night and day clubs, videoke bars, karaoke bars, |
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WB150 |
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- Maturity period is more than five years |
1% |
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WB303 |
karaoke television, karaoke boxes, music lounges and other similar establishments |
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B. On dividends and equity shares and net income of subsidiaries |
0% |
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WB102 |
Tax on Boxing exhibitions |
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WB160 |
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C. On royalties, rentals of property, real or personal, profits from exchange |
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WB103 |
Tax on Professional basketball games |
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WB170 |
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and all other items treated as gross income under the Code |
7% |
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Tax on jai-alai and race tracks |
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WB180 |
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D. On net trading gains within the taxable year on foreign currency, debt |
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WB104 |
Tax on sale, barter or exchange of stocks listed and traded through Local Stock exchange |
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WB200 |
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securities, derivatives and other similar financial instruments |
7% |
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Tax on shares of stock sold or exchanged through initial and secondary public offering |
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Business tax on Agents of Foreign Insurance Companies - Owner of the Property |
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WB121 |
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- Not over 25% |
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4% |
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WB201 |
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Tax on International Carriers |
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WB130 |
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- Over 25% but not exceeding 33 1/3% |
|
2% |
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WB202 |
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Business Tax on Agents of Foreign Insurance Companies - Insurance Age |
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WB120 |
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- Over 33 1/3% |
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1% |
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WB203 |
|
Business Tax on Agents of Foreign Insurance Companies - Owner of the Property |
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WB121 |
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Tax on International Carriers |
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WB130 |
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