Philippines Personal Income Tax rate for 2017, 2018. Capital gain, Corporate TaxPhilippines Income Tax Rate  for 2018-2019. Capital Gain Tax, Individual, Personal, Corporate / Companies tax Rates for Residents and Non Residents

 

 

Philippines Personal Income Tax Rate for 2018-2019

Individuals earning compensation income and income from business and profession

Taxable Income (P) Tax Rate
0 to 10,000 0%
10,001 to 30,000 20%
30,001 to 70,000 25%
70,001 to 140,000 30%
140,001 to 250,000 32%
250,001 to 500,000 35%
Over 500,000 35%

 

Capital Gain Tax in Philippines

- 6% is the Capital Gain Tax Rate in Philippines. Seller is responsible to pay Capital Gain Tax

 

Philippines Withholding Tax Rate for 2018-2019

Type of Payment Tax Rate
If the gross annual business or professional income exceeds P720,000 per year 10% or 15%
Fees paid to directors who are not employees 20%
Professional fees paid to non-individuals 20%

 

 

Corporate / Company Income Tax Rate in Philippines for 2018-2019

Taxable Income and Description Tax Rate
Standard income tax rate on corporations 30%

 

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