TABLE LAST PAGE Flashcards
Share in Net Income
RC 10%
NRC 10%
RA 10%
NRA ETB 20%
NRA NETB 25%
DC RIT
RFC RIT
NRFC 25%
ROYALTIES In general
RC 20%
NRC 20%
RA 20%
NRA-ETB 20%
NRA-NETB 25%
DC 20%
RFC 20%
NRFC 25%
Passive royalties from cinematographic films and similar works
RC 20%
NRC 20%
RA 20%
NRA-ETB 25%
NRA-NETB 25%
DC 20%
RFC 20%
NRFC 25% (sa book blank lang)
Passive royalties from books, literary works and musical compositions
RC 10%
NRC 10%
RA 10%
NRA-ETB 10%
NRA-NETB 25%
DC 20%
RFC 20%
NRFC 25%
Active royalties
RC RIT
NRC RIT
RA RIT
NRA-ETB RIT
NRA-NETB 25%
DC RIT
RFC RIT
NRFC 25%
Prizes 10,000 and below
RC RIT
NRC RIT
RA RIT
NRA-ETB RIT
NRA-NETB 25%
DC RIT
RFC RIT
NRFC 25%
Prizes Above 10,000
RC 20%
NRC 20%
RA 20%
NRA-ETB 20%
NRA-NETB 25%
DC RIT
RFC RIT
NRFC 25%
Winnings In general
RC 20%
NRC 20%
RA 20%
NRA-ETB 20%
NRA-NETB 25%
DC RIT
RFC RIT
NRFC 25%
Winnings
PCSO & lotto winnings >10,000
RC 20%
NRC 20%
RA 20%
NRA-ETB 20%
NRA-NETB 25%
DC 20%
RFC 20%
NRFC 25%
Winnings
PCSO& lotto winnings lower or equal to 10,000
RC Exempt
NRC Exempt
RA Exempt
NRA-ETB Exempt
NRA-NETB 25%
DC Exempt
RFC Exempt
NRFC 25%
INFORMER’S TAX REWARD
10%
or
1 mil
whichever is LOWER
Interest Income on Local Currency Deposit (short term)
RC 20%
NRC 20%
RA 20%
NRA-ETB 20%
NRA-NETB 25%
DC 20%
RFC 20%
NRFC 25%
Interest Income on Local Currency Deposit (long-term)
RC Exempt
NRC Exempt
RA Exempt
NRA-ETB Exempt
NRA-NETB 25%
DC 20%
RFC 20%
NRFC 25%
ALL INDIVIDUALS EXEMPT
Pre termination of interest rate (less than 3 years)
20%
Pre termination of interest rate (3 to less than 4 years)
12%
Pre termination of interest rate (4 to less than 5 years)
5%
Foreign Currency deposit (Interest income from FCDUs/EFCDUs)
RC 15%
NRC Exempt
RA 15%
NRA-ETB Exempt
NRA-NETB Exempt
DC 15%
RFC 15%
NRFC Exempt
ALL RESIDENTS 15% and ALL NON RESIDENTS EXEMPT
Foreign Currency Deposit (Interest income of FCDUs/EFCDUs)
RC 10%
NRC Exempt
RA 10%
NRA-ETB Exempt
NRA-NETB Exempt
DC 10%
RFC 10%
NRFC Exempt
ALL RESIDENTS 10% and ALL NON RESIDENTS EXEMPT
Foreign Currency Deposits ( Interest income on foreign loans)
RC N/A
NRC N/A
RA N/A
NRA-ETB N/A
NRA-NETB 25%
DC N/A
RFC N/A
NRFC 20%
Tax-free covenant bonds
RC 30%
NRC 30%
RA 30%
NRA-ETB 30%
NRA-NETB 30%
DC RIT
RFC RIT
NRFC 25%
Dividend Income (From domestic corporations, in general)
RC 10%
NRC 10%
RA 10%
NRA-ETB 20%
NRA-NETB 25%
DC Exempt
RFC Exempt
NRFC 15%*
Dividend Income (From real estate investment trust or REIT)
RC 10%
NRC Exempt
RA 10%
NRA-ETB <10%^
NRA-NETB <10%^
DC Exempt
RFC Exempt
NRFC <10%^
Dividend Income (From Foreign Corporations)
ALL RIT
