2023-10-05T15:12:51+03:00[Europe/Moscow] en true <p>Interest from any currency bank deposit</p>, <p>Yield or any other monetary benefit from deposit substitute</p>, <p>Yield or any other monetary benefit from trust funds and similar arrangements</p>, <p>Interest incomes received from a depository bank under expanded foreign currency deposit system</p>, <p>Interest income from long-term deposit or investment</p>, <p>Pre-terminated interest income from long-term deposit or investment (4 years to less than 5 years)</p>, <p>Pre-terminated interest income from long-term deposit or investment (3 years to less than 4 years)</p>, <p>Pre-terminated interest income from long-term deposit or investment (less than 3 years)</p>, <p>Royalties in general</p>, <p>Royalties on books, as well as other literary works and musical compositions</p>, <p>Prizes exceeding P10,000</p>, <p>Other winnings</p>, <p>PCSO winnings less or equal than P10,000</p>, <p>PCSO winnings more than P10,000</p>, <p>Cash and/or property dividends actually/constructively received from a domestic corp or from a joint stock company, insurance or mutual fund companies and ROHQ of multinational companies</p>, <p>Share of an individual in the distributable net income after tax of a Partnership </p>, <p>Share of an individual in the net income after tax of an Association, a Joint Account, or a Joint Venture or Consortium taxable as a corporation, which he is a member or a co-venturer</p> flashcards
Incotax FWT Tax Rates FOR Citizens/Residents

Incotax FWT Tax Rates FOR Citizens/Residents

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  • Interest from any currency bank deposit

    20%

  • Yield or any other monetary benefit from deposit substitute

    20%

  • Yield or any other monetary benefit from trust funds and similar arrangements

    20%

  • Interest incomes received from a depository bank under expanded foreign currency deposit system

    15%

  • Interest income from long-term deposit or investment

    Exempt

  • Pre-terminated interest income from long-term deposit or investment (4 years to less than 5 years)

    5%

  • Pre-terminated interest income from long-term deposit or investment (3 years to less than 4 years)

    12%

  • Pre-terminated interest income from long-term deposit or investment (less than 3 years)

    20%

  • Royalties in general

    20%

  • Royalties on books, as well as other literary works and musical compositions

    10%

  • Prizes exceeding P10,000

    20%

  • Other winnings

    20%

  • PCSO winnings less or equal than P10,000

    Exempt

  • PCSO winnings more than P10,000

    20%

  • Cash and/or property dividends actually/constructively received from a domestic corp or from a joint stock company, insurance or mutual fund companies and ROHQ of multinational companies

    10%

  • Share of an individual in the distributable net income after tax of a Partnership

    10%

  • Share of an individual in the net income after tax of an Association, a Joint Account, or a Joint Venture or Consortium taxable as a corporation, which he is a member or a co-venturer

    10%