Professional Documents
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10963
i. Income Tax
R.A 10963
(Effective 1 January 2023)
Not over 0%
PHP250,000
Over 250,000 but 15% of the excess
not over 400,000 over PHP250,000
Over 400,000 but 22,500 + 20% of the
not over 800,000 excess over 400,000
Over 800,000 but 102,500 + 25% of the
not over 2,000,000 excess over 800,000
Over 2,000,000 but 402,500 + 30% of the
not over 8,000,000 excess over
2,000,000
Over 8,000,000 2,202,500 + 35% of
the excess over
8,000,000
Tax Particulars NIRC R. A. No. 10963