Tax Table on Individuals

A. Passive Income on sources within the Philippines subject to Final Tax

Non-resident Alien Non-resident Alien Not
Engaged in Trade or Business Engaged in Trade or Business
Particulars Resident Citizen Non-resident Citizen Resident Alien
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Sale of shares of stock of a On the net On the net On the net On the net On the net On the net On the net On the net On the net On the net
domestic corporation not capital gain: capital capital gain: capital capital gain: capital capital gain: capital gain: capital gain: capital gain:
listed and traded in the local gain: gain: gain:
stock exchange, held as a Not over Not over Not over Not over Final Tax of Not over Final Tax of
capital asset P100,000 – Final Tax of P100,000 – Final Tax of P100,000 – Final Tax of P100,000 – 15% P100,000 – 15%
Final Tax of 5% 15% Final Tax of 5% 15% Final Tax of 5% 15% Final Tax of 5% Final Tax of 5%

On any amount On any amount On any amount On any amount On any amount
in excess of in excess of in excess of in excess of in excess of
P100,000 – P100,000 – P100,000 – P100,000 – P100,000 –
Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of
10% 10% 10% 10% 10%
Sale of shares of stock of a Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock
domestic corporation listed transaction tax transaction transaction tax transaction transaction tax transaction transaction tax transaction transaction tax transaction
and traded in the local stock of ½ of1% of tax of 6/10 of ½ of1% of tax of 6/10 of ½ of1% of tax of 6/10 of ½ of1% of tax of 6/10 of ½ of1% of tax of 6/10
exchange, held as a capital the gross of1% of the gross of1% of the gross of1% of the gross of1% of the the gross of1% of the
asset selling price the gross selling price the gross selling price the gross selling price gross selling selling price gross selling
selling selling selling price price
price price price
Sale of Real Property in the Final Tax of 6% Final Tax of 6% Final Tax of 6% Final Tax of 6% Final Tax of 6%
Philippines, held as a capital of the gross of the gross of the gross of the gross of the gross
asset selling price or Same selling price or Same selling price or Same selling price or Same selling price or Same
fair market fair market fair market fair market fair market
value, value, value, value, value,
whichever is whichever is whichever is whichever is whichever is
higher higher higher higher higher
Interest on a currency bank Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of
 Non-resident Alien Non-resident Alien Not
Engaged in Trade or Business Engaged in Trade or Business
Particulars Resident Citizen Non-resident Citizen Resident Alien
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deposit, yield or other 20% 20% 20% 20% 25%
monetary benefits from Same Same Same Same Same
deposit substitute, trust
fund and similar
arrangement
Interest on long-term Exempt Exempt Exempt Exempt Final Tax of
deposit or investment in Same Same Same Same 25% Same
banks with a maturity of 5
years or more
Royalty from books, literary Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of
works and musical 10% Same 10% Same 10% Same 10% Same 25% Same
compositions
Other Royalties, prizes Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of
exceeding P10,000 20% 20% 20% 20% 20% 20% 20% 25%
Same Same
PCSO and lotto PCSO and PCSO and lotto PCSO and PCSO and lotto PCSO and PCSO and lotto
winnings lotto winnings lotto winnings lotto winnings
exempt winnings exempt winnings exempt winnings exempt
of of of
P10,000.00 P10,000.00 P10,000.00
and below and below and below
exempt exempt exempt
Cash and/or Property Final Tax of Final Tax of Final Tax of Final Tax of Final Tax of
Dividends from a domestic 10% Same 10% Same 10% Same 20% Same 25% Same
corporation, or from a joint
stock company, insurance or
mutual fund company, and
regional operating
headquarters of a
multinational company, or
 Non-resident Alien Non-resident Alien Not
Engaged in Trade or Business Engaged in Trade or Business
Particulars Resident Citizen Non-resident Citizen Resident Alien
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share in the distributive net
income after tax of a
partnership (except a
general professional
partnership), joint stock or
joint venture or consortium
taxable as a corporation
Interest income on deposits Final Tax of Final Tax of Exempt Final Tax of Final Tax of Exempt Exempt
from Foreign Currency 7.5% 15% Same 7.5% 15% Same Same
Deposit Units

B. Other Income
Particulars Resident Citizen Non-resident Citizen Resident Alien Non-resident Alien Non-resident Alien Not
Engaged in Trade or Business Engaged in Trade or Business
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Other Income On the Taxable On the On the On the On the Taxable On the On the Taxable On the On Gross
Income – 5% Taxable Taxable Taxable Income – 5% Taxable Income – 5% Taxable Income – 25% Same
to 32% Income – Income – 5% Income – to 32% Income – to 32% Income –
20% to 35% to 32% 20% to 35% 20% to 35% 20% to 35%

Option to Option to Option to Option to be

be taxed at be taxed at be taxed at taxed at 8%
8% on gross 8% on gross 8% on gross on gross
sales or sales or sales or sales or
receipts and receipts and receipts and receipts and
other non- other non- other non- other non-
operating operating operating operating
income in income in income in income in
excess of excess of excess of excess of
P250,000.00 P250,000.00 P250,000.00 P250,000.00
which shall which shall which shall which shall
be in lieu of be in lieu of be in lieu of be in lieu of
the the the the
graduated graduated graduated graduated
rates and rates and rates and rates and
percentage percentage percentage percentage
tax under tax under tax under tax under
Sec. 116. Sec. 116. Sec. 116. Sec. 116.