Withholding tax expanded

5%

Individual gross income for the current year did not exceed ₱3M

10%

Individual gross income is more than ₱3M

10%

Non individual gross income for the current year did not exceed ₱720,000,

15%

Non individual gross income exceeds ₱720,000

5%

Rentals Oon gross rental or lease for the

continued use or possession of personal property

in excess of ₱ 10,000.00 annually and real

property used in business which the payor or

obligor has not taken title or is not taking title, or

in which has no equity; poles, satellites,

transmission facilities and billboards

5%

Cinemathographic film rentals and other

payments to resident indivduals and corporate

cinematographic film owners, lessors and

distributors

2%

Income payments to certain contractors

15%

Income distribution to the beneficiaries of estate

and trusts

1% of 1/2

Income payments made by credit card

companies

15%

Additional Income Payments to govt personnel

from importers, shipping and airline companies

or their agents for overtime services

1%

Income Payment made by NGAs, LGU, & etc to

its local/resident suppliers of goods other than

those covered by other rates of withholding tax

1%

Income Payment made by top withholding agents

to their local/resident suppliers of goods other

than those covered by other rates of withholding

tax

1%

Payments made by pre-need companies to

funeral parlors

5%

Tolling fees paid to refineries