ATC Nature Of Income Payments

Tax
Rate
WI 010 WC 010 Professional/Talent Fees paid to juridical
persons/individuals (CPAs, lawyers, etc)
10%
Professional entertainers:
If the current years gross income does not exceed
P720,000.00
10% WI 020
WI 021 If the current years gross income exceeds
P 720,000.00
20%
Professional athletes:
If the current years gross income does not exceed
P720,000.00
10% WI 030
WI 031 If the current years gross income exceeds
P 720,000.00
20%
Movie, stage, radio, television and musical directors
If the current years gross income does not exceed
P720,000.00
10% WI 040
WI 041
If the current years gross income exceeds
P 720,000.00
20%
WI 050 Management and technical consultants 10%
WI 060 Business and Bookkeeping Agents and Agencies 10 %
WI 070 Insurance Agents and Insurance Adjusters 10 %
Other recipient of talent fees
If the current years gross income does not exceed
P720,000.00
10% WI 080
WI 081
If the current years gross income exceeds
P 720,000.00
20%
WI 090 Fees of Directors Who are not Employee of the
Company
20 %
WI 100 WC 100 Rentals : Real/personal properties, poles,
Satellites and Transmission facilities, billboards used in
business which the payor or obligor used in business has
not taken or is not taking title or in which has no equity
5 %
WI 110 WC 110 Cinematographic film rentals 5%
W1 120 WC 120 Prime Contractors/sub-contractors 2 %
WI 130 Income distribution to beneficiaries of estates and
trusts
15%
WI 140 WC 140 Gross commission or service fees of custom,
Insurance, stock, real estate, immigration and
Commercial brokers and fees of agents of
professional entertainer
10 %
WI 141 Payments to Medical Practitioners Through a Duly
Registered Professional Partnership
10 %
WI 151 Payments for medical/dental/veterinary services
Thru hospitals/clinics/health maintenance
Organizations, including direct payments to
Service providers
10%
WI 152 Payments to partners of general professional
Partnerships
10%
WI 156 WC 156 Payments made by Credit Cards Companies to
Juridical Persons
1 %
of
WI 157 WC 157 Payments made by Government Offices on their
Local Purchase of Goods and services from
Local/resident supplier
2 %
WI 158
WI 160
WC 158
WC 160
Income Payments made by Top 10,000 private
Corporations to Their Local/resident Suppliers of:
Goods
Services
1 %
2 %
WI 159 Additional Payments to Government Personnel
From Importers, Shipping and Airline Companies or
Their Agents for overtime importers services
15 %
WI 515 WC 515 Commission, rebates, discounts & other similar
Considerations paid/granted to independent and
Exclusive distributors, medical/technical & sales
Representatives & marketing agents & sub-agents
Of multi-level marketing companies
10%
WI 530 Gross payments to embalmers by funeral
Companies
1 %
WI 535 WC 535 Payments made by pre-need companies to
Funeral parlors
1%
WI 540 WC 540 Tolling fee paid to refineries 5%
WI 610 WC 610 Income payments made to suppliers of
agricultural products
1%
WI 630 WC 630 Income payments on purchases of minerals,
Mineral products and quarry resources
1%