ITEMS OF INCLUSIONS RC NRC RA NRAETB NRANETB DC FCBD FCNDB

COMPENSATION Both *5-32% IT *5-32% IT *5-32% IT *10% FT N/A N/A N/A

sources
5-32% IT
ANNUITIES *5-32% IT *5-32% IT *5-32% IT *5-32% IT *10% FT N/A N/A N/A
RENTS 5-32% IT *5-32% IT *5-32% IT *5-32% IT N/A 35% CIT + N/A N/A
12% VAT
TRADE/BUSINESS Both *5-32% IT *5-32% IT *5-32% IT *25% FT 35% CIT 35% CIT 10% FT
Sources
5-32% IT
DIVIDENDS
a. From DC 10% FT 10% FT 10% FT 20% FT 25% FT E E 15% FT but
(RoI) (RoI) subject to a
tax credit if
there is a
treaty
b. From FC w/in 5-32% IT 5-32% IT 5-32% IT 5-32% IT 25% FT 35% FT 35% FT 10% FT
PH
c. From FC w/o PH E E E E E 35% FT E E
ROYALTIES
a. w/in PH (BLM) 10% FT 10% FT 10% FT 10% FT 25% FT 10% FT 10% FT 30% FT
b. w/o PH Treaty T T T T T T T
c. Others 20% FT 20% FT 20% FT 20% FT 25% FT 20% FT 20% FT 30% FT
INTERESTS
a. CB/DB (w/in) 20% FT 20% FT 20% FT 20% FT 25% FT 20% FT 20% FT 20% FT
b. CB/DB (w/in) *It is subject to a tax treaty
c. EFCDS (w/in) 7.5% FT E 7.5% FT E E
PRIZES/WINNINGS
a. Below 10,000 5-32% IT 5-32% IT 5-32% IT 5-32% IT 25% FT
b. Above 10,000 20% FT 20% FT 20% FT 20% FT 25% FT
Gains
a. Capital Real CGT: 6% of the Zonal Value or Fair Market Value whichever is higher
b. C Personal CGT: 6% based on the Fair Market Value
Exception: NTS 5-10% CGT (Deed Price-Acquisition Cost x 5-10%)
c. Ordinary Real 5-32% IT 5-32% IT 5-32% IT 5-32% IT 5-32% IT
d. O Personal 5-32% IT 5-32% IT 5-32% IT 5-32% IT 5-32% IT
Exception: TS PH Stock Exchange = Transfer Tax: ½ of 1% of the Gross Selling Price
If traded outside PH = RC and NRC would be taxed with 5-32% IT
Plus Documentary Stamp Tax of:
(Real & Personal Property) 15.00 per 1000.00
(NTS) 1.00 for every 200 shares (original issuance); If the shares are already transferred, DST would be 75 cents for every 200 shares
(TS) exempted
Pensions 5-32% IT 5-32% IT 5-32% IT 5-32% IT 10% FT
Partnership
a. Ordinary 10% FT 10% FT 10% FT 10% FT 10% FT
b. Professional 5-32% IT 5-32% IT 5-32% IT 5-32% IT 5-32% IT