INDIVIDUAL
Citizen
INTEREST INCOME
A. Local Currency Deposit
 Short term interest (less than 5yrs)
 Long term interest
 Pre-termination interest rate
- less than 3 years
- 3 to less than 4 years
- 4 to less than 5 years
B. Foreign Currency Deposit
 Interest income from FCDUs/OBU depository banks
 Interest income of EFCDU/OBU banks
 Interest income on foreign loans
C. Tax-free covenant bonds
CORPORATION
Foreign
RFC
NRFC
RC
NRC
RA
Alien
NRA-ETB
20%
exempt
20%
exempt
20%
exempt
20%
exempt
25%
25%
20%
20%
20%
20%
30%
30%
20%
12%
5%
20%
12%
5%
20%
12%
5%
20%
12%
5%
25%
25%
25%
20%
20%
20%
20%
20%
20%
30%
30%
30%
15%
10%
N/A
30%
exempt
exempt
N/A
30%
15%
10%
N/A
30%
exempt
exempt
N/A
30%
exempt
exempt
N/A
30%
15%
10%
N/A
N/A
15%
10%
N/A
N/A
exempt
exempt
20%
N/A
6%
8%
10%
10%
r
20%
20%
20%
<10%^^
n c o
NRA-NETB
DC
Note: “N/A” shall be subject to regular income tax
DIVIDEND INCOME
A. From domestic corporations, in general
6%
6%
 January 1, 1998 earnings
8%
8%
 January 1, 1999 earnings
10%
10%
 January 1, 2000 earnings & thereafter
10%
exempt^
B. From Real Estate Investment Trust or REIT
R e g u l a
C. From foreign corporations
Note: *Subject to tax sparing rule; otherwise 30%
^ For OFW, exempt up to 7 years from Aug. 12, 2011 (i.e. up to Aug. 12, 2018)
^^ Subject to preferential tax rate under applicable tax treaty
SHARE IN NET INCOME of taxable partnership, joint venture
10%
10%
and co-ownership
ROYALTIES
A. Passive royalties
20%
20%
 In general
20%
20%
 From cinematographic films and similar works
 From books, literary works, and musical
10%
10%
compositions
R e g u l a r
B. Active royalties
TAXABLE PRICES, amounting to:
Regular Tax
 P 10000 and below
20%
20%
 Above P 10000
WINNINGS
20%
20%
 In general
2 0 %
 PCSO & lotto winnings > P 10000
e
x
e
m
 PCSO & lotto winnings ≤ P 10000
INFORMER’S TAX REWARD
10%
I
m
25%
25%
25%
<10%^^
e
T
exempt
exempt
exempt
exempt
a x
exempt
exempt
exempt
exempt
R I T
(
15%*
15%*
15%*
<10%^^
)
10%
20%
25%
10%
10%
30%
20%
20%
20%
25%
25%
25%
20%
20%
20%
20%
30%
10%
25%
25%
20%
R
20%
I
T
30%
30%
25%
25%
R
R
I
I
T
T
30%
30%
25%
25%
25%
25%
R
2
I
0
T
%
30%
30%
30%
30%
10%
T
a
x
20%
20%
20%
20%
p
t
e
x e
10%
m
p t
10%
INDIVIDUAL
Citizen
INTEREST INCOME
A. Local Currency Deposit
 Short term interest (less than 5yrs)
 Long term interest
 Pre-termination interest rate
- less than 3 years
- 3 to less than 4 years
- 4 to less than 5 years
B. Foreign Currency Deposit
 Interest income from FCDUs/OBU depository banks
 Interest income of EFCDU/OBU banks
 Interest income on foreign loans
C. Tax-free covenant bonds
CORPORATION
Foreign
RFC
NRFC
RC
NRC
RA
Alien
NRA-ETB
20%
exempt
20%
exempt
20%
exempt
20%
exempt
25%
25%
20%
20%
20%
20%
30%
30%
20%
12%
5%
20%
12%
5%
20%
12%
5%
20%
12%
5%
25%
25%
25%
20%
20%
20%
20%
20%
20%
30%
30%
30%
15%
10%
N/A
30%
exempt
exempt
N/A
30%
15%
10%
N/A
30%
exempt
exempt
N/A
30%
exempt
exempt
N/A
30%
15%
10%
N/A
N/A
15%
10%
N/A
N/A
exempt
exempt
20%
N/A
6%
8%
10%
10%
20%
25%
20%
25%
20%
25%
<10%^^
<10%^^
Regular Income Tax (RIT)
exempt
exempt
exempt
exempt
exempt
exempt
exempt
exempt
15%*
15%*
15%*
<10%^^
NRA-NETB
DC
Note: “N/A” shall be subject to regular income tax
DIVIDEND INCOME
A. From domestic corporations, in general
6%
6%
 January 1, 1998 earnings
8%
8%
 January 1, 1999 earnings
10%
10%
 January 1, 2000 earnings & thereafter
10%
exempt^
B. From Real Estate Investment Trust or REIT
C. From foreign corporations
Note: *Subject to tax sparing rule; otherwise 30%
^ For OFW, exempt up to 7 years from Aug. 12, 2011 (i.e. up to Aug. 12, 2018)
^^ Subject to preferential tax rate under applicable tax treaty
SHARE IN NET INCOME of taxable partnership, joint venture
10%
10%
and co-ownership
ROYALTIES
A. Passive royalties
20%
20%
 In general
20%
20%
 From cinematographic films and similar works
 From books, literary works, and musical
10%
10%
compositions
Regular Tax
B. Active royalties
TAXABLE PRICES, amounting to:
Regular Tax
 P 10000 and below
20%
20%
 Above P 10000
WINNINGS
20%
20%
 In general
20%
 PCSO & lotto winnings > P 10000
exempt
 PCSO & lotto winnings ≤ P 10000
INFORMER’S TAX REWARD
10%
10%
20%
25%
10%
10%
30%
20%
20%
20%
25%
25%
25%
20%
20%
20%
20%
30%
10%
10%
25%
25%
20%
20%
RIT
30%
30%
25%
25%
RIT
RIT
30%
30%
25%
25%
25%
25%
RIT
20%
exempt
30%
30%
30%
30%
20%
20%
20%
20%
10%
10%