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INDIVIDUAL

RC

RA

Tax Source

Within / Without

Within

Normal Income

5%-32% Tax Table

5%-32% Tax Table

Personal Exemption
Additional Exemption

Yes
Yes

Yes
Yes

Passive Income
Interest under EFCD

7.5%

7.5%

Royalty from books, literary works,


musical compositions
Royalty other than above

10%
20%

10%
20%

20%

20%

20%

20%

10%

10%

5%-32% Tax Table

Not taxed

Interest on current bank deposits,


yield or other monetary benefits from
deposit substitue, trust fund and
similar arrangement
Prize exceeding P10,000, other
winnings except Phil Charity
Sweekpstakes and Lotto

Dividends from domestic corp, joint


stock company, insurance or mutual
fund, ROH or share in the distributive
net inc after tax of a partner shit
(except GPP), joint stock or joint
venture or consortium tasable as a
corporation
GI from cinematographic films
Dividends from foreign corp

Interest Inc from Foreign Curr Deposit 7.5%


Interest on Long term Deposits
exempt

7.5%
exempt

4-5 yrs - 5%
Preterminate long-term deposit before 3-4 yrs - 12%
5th year
less than 3 yrs 20%

4-5 yrs - 5%
3-4 yrs - 12%
less than 3 yrs 20%

Sale of Sh or stock of a Domestic Corp Not over P100K - 5%


not traded in SE
In excess of P100K - 10%

Not over P100K - 5%


In excess of P100K 10%

Sale of Sh or stock of a Domestic Corp


LISTED & TRADED in SE (Stock
1/2 of 1% pf GSP or GV in
Transaction Tax)
money of sh of stock

1/2 of 1% pf GSP or GV
in money of sh of stock

Capital Gains Tax on sale of real


property in the Phil held as capital
asset
Passive Income from Abroad

6% of GSP or CMV at time 6% of GSP or CMV at


of sale, WIH
time of sale, WIH
5%-32% Tax Table
Not taxed

Capital Gains Tax on sale of real


property in the Phil to Gov't or GOCC

Taxpayer's option:
Taxpayer's option: Either Either 6% of
6% of GSP/Current MV OR GSP/Current MV OR
Normal Income Tax
Normal Income Tax

Capital Gains Tax on sale of real


property in the Phil held as Ordinary
Asset - Habitually Engaged

SP is less than P500K 1.5%


SP is P500K to P2M - 3%
SP is above P2M - 5% of
GSP/Current MV, WIH

SP is less than P500K 1.5%


SP is P500K to P2M - 3%
SP is above P2M - 5% of
GSP/Current MV, WIH

Capital Gains Tax on sale of real


property in the Phil held as Ordinary
Asset - NOT habitually engaged

7.5% of GSP/CMV, WIH

7.5% of GSP/CMV, WIH

NRC
183 days abroad

NRA-ETB
180 days stay in PH

NRA-NETB

Within

Within

Within

5%-32% Tax Table

25% of Gross Inc


25% of Entire Inc within
15% RAH/ROH/OBU/Petroleum

Yes
Yes

Yes
NO

Exempt

Exempt

10%
20%

10%
20%

20%

20%

20%

20%

10%
Not taxed

20%
25%
Not taxed

7.5%
exempt

exempt

4-5 yrs - 5%
3-4 yrs - 12%
less than 3 yrs 20%

NO
NO

Not over P100K - 5%


In excess of P100K - Not over P100K - 5%
10%
In excess of P100K - 10%
1/2 of 1% pf GSP or
GV in money of sh of
stock
6% of GSP or CMV at 6% of GSP or CMV at time of
time of sale, WIH
sale, WIH
Not taxed
Not taxed
Taxpayer's option:
Either 6% of
GSP/Current MV OR
Normal Income Tax

SP is less than P500K


- 1.5%
SP is P500K to P2M 3%
SP is above P2M - 5%
of GSP/Current MV,
WIH

7.5% of GSP/CMV,
WIH

DC

RFC

Within / Without

Within

7.5%

7.5%

OFW

exempt

Minimum Wager Earner

Exempt

PPHHI

2400/family
250,000 GI thresshold

Sale of principal residence

Exempt if
fully utilized in acquiring new residence
within 18 months
proof
avial only once every 10 years

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