Documente Academic
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GOODS
INCOME/EXPENSE PAYMENTS
SERVICES
EWT
BIR FORM
CODE
03
04
05
06
06
07
08
08
11
14
GMP
CREDITABLE
VAT
FINAL
VAT
NON-VAT/
Percentage
Tax
1601-E
BIR Form No. 1600
MAINTENANCE AND OPERATING EXPENSES
Service
2%
NONE
5%
3%
Service
2%
NONE
5%
3%
Goods
1%
NONE
5%
3%
Service
2%
NONE
5%
3%
Goods
1%
NONE
5%
3%
Service
5%
2%
NONE
3%
2%
NONE
NONE
3%
Service
2%
NONE
5%
3%
2%
NONE
NONE
3%
Goods
1%
NONE
5%
NONE
FINAL TAX
TOTAL
BIR Form
1601-F
7% or 5%
7% or 5%
6% or 4&
7% or 5%
6% or 4&
7% or 5%
2% or 3%
7% or 5%
2% or 3%
6%
Goods
1%
NONE
5%
3%
6% or 4%
Service
Service
Service
5%
5%
5%
NONE
NONE
NONE
5%
5%
5%
3%
3%
3%
10% or 8%
10% or 8%
10% or 8%
Service
NONE
NONE
10%
NONE
10%
Service
NONE
NONE
10%
NONE
10%
Service
NONE
NONE
10%
NONE
10%
Service
NONE
NONE
NONE
NONE
NONE
5%
NONE
NONE
Service
Service
2%
NONE
NONE
NONE
5%
5%
NONE
NONE
7%
5%
Service
Service
2%
2%
NONE
NONE
5%
5%
NONE
2%
7%
7% or 4%
Service
NONE
NONE
NONE
NONE
2%
NONE
5%
NONE
7%
NONE
1%
2%
1%
1%
NONE
NONE
NONE
NONE
NONE
NONE
5%
5%
5%
5%
NONE
NONE
3%
3%
3%
6%
7% or 5%
6% or 4%
6% or 4%
2%
NONE
5%
3%
7% or 5%
Goods
Service
2%
2%
1%
2%
NONE
NONE
NONE
NONE
5%
NONE
5%
5%
3%
5%
3%
3%
7% or 5%
2% or 7%
6% or 4%
7% or 5%
Service
None
NONE
5%
3%
5% or 3%
5%
3%
15% or 13%
5%
3%
20% or 18%
20%
20%
5%
PAYMENT TO COOPERATIVES:
1. With BIR issued exemption certificate
2. Without BIR issued exemption certificate
17
23
24
27
29
Goods
Service
Goods
Goods
Service
Service
Service
10%
(if the,
current year's
gross income
does not
exceed
15% (if the,
current year's
gross income
exceeds
P720,000)
Page 1of 3
NONE
EXP.
GOODS
INCOME/EXPENSE PAYMENTS
SERVICES
EWT
BIR FORM
CODE
GMP
CREDITABLE
VAT
1601-E
Services rendered by DOCTORS of MEDICINE
duly registered with the Professional Regulation
Commission (PRC) and LAWYERS duly registered
with the Integrated Bar of the Philippines (IBP) and
other government agencies
NONE
5%
3%
15% or 13%
20% or 18%
Service
NONE
NONE
5%
3%
5% or 3%
Goods
1%
NONE
5%
3%
6% or 4%
Goods
1%
NONE
Service
10%
NONE
PURCHASE OF LAND
34
39
BIR Form
Service
34
38
TOTAL
10%
(if the, current
year's gross
income does
not exceed
P720,000)
15%
(if the, current
year's gross
income
exceeds
P720,000)
36
FINAL TAX
1601-F
35
FINAL
VAT
NON-VAT/
Percentage
Tax
CAPITAL OUTLAY
1.5%,3%,5%
NONE
or 6%
NONE
( in their
original
state)
5%
3%
1% or 3%
3%
15% or 13%
5%
3%
6.5%,8%,10%,11% or
4.5%,6%,8%,9%
Goods
1%
NONE
5%
3%
6% or 4%
Service
2%
NONE
5%
3%
7% or 5%
Service
Goods
Service
2%
1%
2%
NONE
NONE
NONE
5%
5%
5%
3%
3%
3%
7% or 5%
6% or 4%
7% or 5%
Goods
1%
NONE
5%
3%
6% or 4%
Goods
Service
1%
2%
2%
NONE
NONE
NONE
5%
5%
5%
3%
3%
3%
6% or 4%
7% or 5%
7% or 5%
Page 2 of 3
EXP.
GOODS
INCOME/EXPENSE PAYMENTS
SERVICES
EWT
BIR FORM
CODE
GMP
CREDITABLE
VAT
1601-E
Franchise Tax on radio & TV broadcasting companies
whose annual gross recipts do not exceed P10M &
who are not VAT-registered taxpayer
Tax on Overseas Dispatch, Message or Conversation
from the Philippines
Business Tax on Agents of foreign insurance co. insurance agents
Business Tax on Agents of foreign insurance co. owner of the property
Tax on Cockpits
Tax on Cabaret, night & day clubs
Tax on Boxing exhibitions
Tax on Professional basbetball games
Tax on Jai-Alai and race tracks
Tax on sale, barter or exchange of stocks listed and
traded through Local Stock Exchange
Tax on shares of stock sold or exchanged through
initial and secondary public offering
- Not over 25%
- Over 25% but not exceeding 33/1/3%
- Over 33 1/3%
Tax on interest, commissions and discounts from
lending activities as well as income from financial
leasing, on the basis of remaining maturities of
instruments from which such receipts are derived:
- Maturity period is five years or less
- Maturity period is more than five years
Tax on dividends and equity shares and net income of
subsidiaries
Tax on royalties, rentals of property, real or personal,
profits, from exchange and all other items treated as
gross income under Section 32 of the Tax Code.
Tax on the net trading gains within the taxable year
on foreign currency, debt securities, derivatives, and
other similar financial instruments
(see NOTE no.4)
Tax on interest, commissions and discounts from
lending activities as well as income from financial
leasing, on the basis of remaining maturities of
instruments from which such receipts are derived:
- Maturity period is five years or less
- Maturity period is more than five years
On all other items treated as gross income under the
code
FINAL
VAT
NON-VAT/
Percentage
Tax
FINAL TAX
TOTAL
BIR Form
1601-F
Service
2%
NONE
NONE
3%
2% or 5%
Service
2%
NONE
NONE
10%
2% or 12%
Service
2%
NONE
NONE
10%
2% or 12%
Service
2%
NONE
NONE
5%
2% or 7%
Service
Service
Service
Service
Service
2%
2%
2%
2%
2%
NONE
NONE
NONE
NONE
NONE
NONE
NONE
NONE
NONE
NONE
18%
18%
10%
15%
30%
2% or 20%
2% or 20%
2% or 12%
2% or 17%
2% or 32%
Service
2%
NONE
NONE
1/2 of 1%
2% or 2 1/2 of 1%
Service
Service
Service
2%
2%
2%
NONE
NONE
NONE
NONE
NONE
NONE
4%
2%
1%
2% or 6%
2% or 4%
2% or 3%
Service
Service
2%
2%
NONE
NONE
NONE
NONE
5%
1%
2% or 7%
2% or 3%
NONE
NONE
NONE
0%
0%
2%
NONE
NONE
7%
2% or 9%
NONE
NONE
NONE
7%
7%
2%
2%
NONE
NONE
NONE
NONE
5%
1%
7%
3%
NONE
NONE
5%
5%
Service
Service
Service
NOTE:
1. For EWT, only income payments enumerated in Sec. 2.57.2 of RR 2-98, RR 6-2001, RR-12-2001, RR 14-2002, RR-17-2003, RR-30-2003
and all services other than those covered by separate rates of withholding tax shall be subjected to EWT.
You may refer to RR-1-2003, RR-3-2003, RR-11-2003, RR-12-2003, RR-7-2004, RR-9-2004 and RR 16-2005 for further information.
Casual or single purchase of GOODS and SERVICES worth P10,000.00 and below under Section 3 (N) of RR-17-2003not subject to EWT.
2. For rental of personal properties in excess of P10,000.00 annually except those under financial lease arrangement with leasing and finance
companies under R.A. No. 8556 (Financing Company Act of 1998) under Section 3(C)(2) of RR 17-2003 - 5% EWT.
3. Suspended Indefinitely per RR 3-2004 effective March 1, 2004. The 1% EWT shall apply upon issuance of a Regulation lifting its suspension.
4. Please refer to Section 121 of RA 8424 as amended by RA 9337.
5. For purchase of goods and services subject to FINAL VAT please refer to Section 4.114-2 of RR 16-2005.
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