ii. withholding tax rates on final income -...
TRANSCRIPT
![Page 1: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/1.jpg)
II. WITHHOLDING TAX RATES
ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 2: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/2.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Interest on foreign loans
payable to NRFCs 20%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 3: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/3.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Interest and other income
payments on foreign currency
transactions/loans payable to
OBUs
10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 4: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/4.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Interest and other payments on
foreign currency
transactions/loans payable to
FCDUs
10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 5: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/5.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Cash dividend payment by domestic
corporation to citizens and resident
aliens/NRFCs
10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 6: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/6.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Property dividend payment by domestic
corporation to citizens and resident
aliens/NRFCs
10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 7: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/7.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Cash dividend payment by domestic corporation
to NRFCs whose countries allowed tax deemed
paid credit (subject to tax sparing rule) 15%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 8: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/8.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Property dividend payment by domestic
corporation to NRFCs whose countries allowed
tax deemed paid credit (subject to tax sparing
rule)
15%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 9: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/9.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Cash dividend payment by domestic
corporation to NRAETB 20%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 10: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/10.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Property dividend payment by domestic
corporation to NRAETB 20%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 11: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/11.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Share of NRAETB in the distributable net income
after tax of a partnership (except General
Professional Partnership) of which he is a partner,
or share
20%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 12: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/12.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Distributive share of individual partners in
a taxable partnership, association, joint
account or joint venture or consortium 10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 13: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/13.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
All kinds of royalty payments to citizens,
resident aliens and NRAETB (other than WI
380 and WI 341), domestic and resident
foreign corporations
20%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 14: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/14.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
On prizes exceeding P10,000 & other
winnings paid to individuals 20%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 15: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/15.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Branch profit remittances by all
corporations except PEZA/SBMA/CDA
registered 15%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 16: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/16.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
On the gross rentals, lease and charter fees
derived by non-resident owner or lessor of
foreign vessels 4.5%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 17: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/17.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
On the gross rentals, charters and other
fees derived by non-resident lessor of
aircraft, machineries and equipments 7.5%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 18: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/18.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
On payments to oil exploration service
contractors/sub-contractors 8%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 19: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/19.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Payments to Filipinos or alien individuals
employed by Foreign Petroleum Service
Contractors/Sub-contractors, Offshore
Banking Units and Regional or
15%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 20: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/20.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Payments to NRANETB except on sale of
shares in domestic corp. and real property 25%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 21: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/21.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
On payments to non-resident
individual/foreign corporate
cinematographic film owners, lessors or
distributors
25%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 22: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/22.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
On other payments to NRFCs ?
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 23: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/23.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Royalties paid to NRAETB on
cinematographic films and similar
works 25%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 24: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/24.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Final tax on interest or other payments
upon tax-free covenant bonds,
mortgages, deeds of trust or other
obligations under Sec. 57C of the
NIRC of 1997
30%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 25: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/25.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Royalties paid to citizens, resident
aliens and NRAETB on books, other
literary works and musical
compositions
10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 26: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/26.jpg)
NATURE OF INCOME PAYMENTS TAX
RATES
Informers Cash Reward to
individuals/juridical persons 10%
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
![Page 27: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/27.jpg)
WITHHOLDING TAX RATES ON
FINAL INCOME TAXES
BIR Form 1601 - F
Terminologies:
NRAETB –Non- resident alien engaged in trade or
business within the Philippines
NRANETB-Non- resident alien not engaged in
trade or business within the Philippines
NRFC – Non-resident foreign corporations
NR – Non- resident
OBU – Offshore Banking Units
FCDU – Foreign Currencies/ Deposit Unit
![Page 28: II. WITHHOLDING TAX RATES ON FINAL INCOME - PAGBApagba.com/wp-content/uploads/2013/07/Withholding... · WITHHOLDING TAX RATES ON FINAL INCOME TAXES BIR Form 1601 - F Terminologies:](https://reader031.vdocuments.mx/reader031/viewer/2022030419/5aa576e77f8b9a1d728d317b/html5/thumbnails/28.jpg)
THANK YOU!
Presented by:
JONAS DP. AMORA
Regional Director, RR7 QC
TO GOD BE ALL THE GLORY!