Professional Documents
Culture Documents
RC
RA
Tax Source
Within / Without
Within
Normal Income
Personal Exemption
Additional Exemption
Yes
Yes
Yes
Yes
Passive Income
Interest under EFCD
7.5%
7.5%
10%
20%
10%
20%
20%
20%
20%
20%
10%
10%
Not taxed
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%
1/2 of 1% pf GSP or GV
in money of sh of stock
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
NRC
183 days abroad
NRA-ETB
180 days stay in PH
NRA-NETB
Within
Within
Within
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
7.5% of GSP/CMV,
WIH
DC
RFC
Within / Without
Within
7.5%
7.5%
OFW
exempt
Exempt
PPHHI
2400/family
250,000 GI thresshold
Exempt if
fully utilized in acquiring new residence
within 18 months
proof
avial only once every 10 years