Creditable Withholding Tax Codes -Philippines

The following table shows the new and modified Alphanumeric Tax Codes (ATC) for income payments subject to creditable and final withholding taxes. These tax codes are effective from January 1, 2018, in accordance with Republic Act No. 10963, known as the Tax Report for Acceleration and Inclusion (TRAIN) Law.

Note:

The withholding tax types (WB, WE, WF, and WV) and their associated tax codes are automatically provided when the Withholding Tax SuiteApp is installed for the first time. For existing SuiteApp installations, deploy the script (WTax WB_WV_WF Tax Codes SS) to ensure the correct provisioning of WB, WF, and WV tax codes. For more information, see Methods of Deploying a Script.

Tax codes are essential for generating BIR forms 0619-F, 1601-EQ, and 2307. You can inactivate or delete tax codes that are not relevant to your business.

Tax Code (ATC)	Description	Rate	Tax Type
WB030	Tax on Carriers and Keepers of Garages	3%	WB_PH
WB040	Franchise Tax on Gas and Utilities	2%	WB_PH
WB050	Franchise tax on radio & TV broadcasting companies whose annual gross receipts do not exceed ₱10M & who are not-VAT registered taxpayer	3%	WB_PH
WB070	Tax on Life insurance premiums	2%	WB_PH
WB080	Persons exempt from VAT under Sec. 108BB (creditable) Government Withholding Agent	3%	WB_PH
WB082	Persons exempt from VAT under Sec. 108BB (creditable) Private Withholding Agent	3%	WB_PH
WB084	Persons exempt from VAT under Section 109BB (Section 116 applies)	3%	WB_PH
WB090	Tax on Overseas Dispatch, Message or Conversation from the Philippines	10%	WB_PH
WB102	Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. B. On dividends and equity shares and net income of subsidiaries	0%	WB_PH
WB103	Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. C. On royalties, rentals of property, real or personal, profits from exchange and all other items treated as gross income under the Code	7%	WB_PH
WB104	Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. D. On net trading gains within the taxable year on foreign currency, debt securities, derivatives, and other similar financial instruments	7%	WB_PH
WB108	Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions. A. On interest, commissions, and discounts from lending activities as well as income from financial leasing on the basis of the remaining maturities of instruments from which such receipts are derived -Maturity period is five years or less	5%	WB_PH
WB109	Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions. A. On interest, commissions, and discounts from lending activities as well as income from financial leasing on the basis of the remaining maturities of instruments from which such receipts are derived -Maturity period is more than five years	1%	WB_PH
WB110	Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions. B. On all other items treated as gross income under the Code	5%	WB_PH
WB120	Business tax on Agents of Foreign Insurance companies -Insurance Agents	4%	WB_PH
WB121	Business tax on Agents of Foreign Insurance companies -owner of the property	5%	WB_PH
WB130	Tax on international carriers	3%	WB_PH
WB140	Tax on Cockpits	18%	WB_PH
WB150	Tax on amusement places, such as cabarets, night and day clubs, videoke bars, karaoke bars, karaoke television, karaoke boxes, music lounges and other similar establishments	18%	WB_PH
WB160	Taxes on Boxing exhibitions	10%	WB_PH
WB170	Taxes on professional basketball games	15%	WB_PH
WB180	Tax on jai-alai and racetracks	30%	WB_PH
WB200	Tax on sale barter or exchange of stocks listed and traded through Local Stock Exchange	0.01%	WB_PH
WB201	Tax on shares of stocks sold or exchanged through initial and secondary public offering -Not over 25%	4%	WB_PH
WB202	Tax on shares of stocks sold or exchanged through initial and secondary public offering -Over 25% but not exceeding 33 1/3%	2%	WB_PH
WB203	Tax on shares of stocks sold or exchanged through initial and secondary public offering -Over 33 1/3%	1%	WB_PH
WB301	Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. A. On interest, commissions, and discounts from lending activities as well as income from financial leasing on the basis of the remaining maturities of instruments from which receipts are derived -Maturity period is five years or less	5%	WB_PH
WB303	Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. A. On interest, commissions, and discounts from lending activities as well as income from financial leasing on the basis of the remaining maturities of instruments from which receipts are derived -Maturity period is more than five years	1%	WB_PH
WC010	Professional (lawyers, CPAs, engineers, etc.) if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC011	Professionals (lawyers, CPAs, engineers, etc.) if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC020	Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC021	Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC030	Professional athletes including basketball players, pelotaris, and jockeys if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC031	Professional athletes including basketball players, pelotaris, and jockeys if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC040	All directors and producers involved in movies, stage, radio, television, and musical productions if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC041	All directors and producers involved in movies, stage, radio, television, and musical productions if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC050	Management and technical consultants if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC051	Management and technical consultants if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC060	Business and bookkeeping agents and agencies if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC061	Business and bookkeeping agents and agencies if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC070	Insurance agents and insurance adjusters if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC080	Other recipients of talent fees if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC081	Other recipients of talent fees if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC100	Rentals: On gross rental or lease for the continued use or possession of personal property in excess of ten thousand pesos (P10,000) 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 -Corporate	5.00%	WE_PH
WC110	Cinematographic film rentals and other payments to resident individuals and corporate cinematographic film owners, lessors, or distributors -Corporate	5.00%	WE_PH
WC120	Income payments to certain contractors -Corporate	2.00%	WE_PH
WC139	Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers, and real estate brokers) if gross income for the current year did not exceed P720,000 -Corporate	10.00%	WE_PH
WC140	Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers and real estate brokers) if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC150	Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science, and dentists) by hospitals and clinics or paid directly by Health Maintenance Organizations (HMOs) and/or similar establishments if gross income exceeds P720,000 -Corporate	15.00%	WE_PH
WC151	Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science and dentists) by hospitals and clinics or paid directly by Health Maintenance Organizations (HMOs) and or similar establishments if gross income for the current year did not exceed P720,000	10.00%	WE_PH
WC158-CC	Income payments made by credit card companies -Corporate	0.50%	WE_PH
WC157	Income payments made by the government and government-owned and controlled corporations (GOCCs) to its local/resident suppliers of services other than those covered by other rates of withholding tax -Corporate	2.00%	WE_PH
WC158	Income payment made by top withholding agents to their local/resident supplier of goods other than those covered by other rates of withholding tax -Corporate	1.00%	WE_PH
WC160	Income payment made by top withholding agents to their local/resident supplier of services other than those covered by other rates of withholding tax -Corporate	2.00%	WE_PH
WC180	Interest on Foreign loans payable to Non-Resident Foreign Corporation (NRFCs) -Corporate	20%	WF_PH
WC190	Interest and other income payments on foreign currency transactions/loans payable of Offshore Banking Units (OBUs) -Corporate	10%	WF_PH
WC191	Interest and other income payments on foreign currency transactions/loans payable of Foreign Currency Deposits Units (FCDUs) -Corporate	10%	WF_PH
W1202	Cash dividend payment by domestic corporation to citizens and residents aliens/NRFCs – Individual	10%	WF_PH
WC212	Cash dividend payment by domestic corporation to citizens and resident aliens/NRFCs -Corporate	25%	WF_PH
WC213	Property dividend payment by domestic corporation to citizens and resident aliens/NRFCs -Corporate	25%	WF_PH
WC222	Cash dividend payment by domestic corporation to NFRCs whose countries allowed tax deemed paid credit (subject to tax sparing rule) -Corporate	15%	WF_PH
WC223	Property dividend payment by domestic corporation to NFRCs whose countries allowed tax deemed paid credit (subject to tax sparing rule) -Corporate	15%	WF_PH
WC230	On other payments to NRFCs -Corporate	25%	WF_PH
WC250	All kinds of royalty payments to citizens, resident aliens and NRAETB (other than WI380 and WI341), domestic and resident foreign corporations -Corporate	20%	WF_PH
WC280	Branch profit remittance by all corporations except PEZA/SBMA/CDA registered -Corporate	15%	WF_PH
WC290	On the gross rentals, lease and charter fees derived by non-resident owner or lessor of foreign vessels -Corporate	4.50%	WF_PH
WC300	On gross rentals, charter and other fees derived by non-resident lessor or aircraft, machineries, and equipment -Corporate	7.50%	WF_PH
WC310	On payments to oil exploration service contractors/sub-contractors -Corporate	8%	WF_PH
WC340	On payments to non-resident individual/foreign corporate cinematographic film owners, lessors, or distributors – Corporate	25%	WF_PH
WC410	Informers cash reward to individuals/juridical persons – Corporate	10%	WF_PH
WC515	Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income for the current year did not exceed ₱ 3M -Corporate	5.00%	WE_PH
WC516	Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income is more than ₱ 3M or VAT registered regardless of amount -Corporate	10.00%	WE_PH
WC535	Payments made by pre-need companies to funeral parlors -Corporate	1.00%	WE_PH
WC540	Tolling fees paid to refineries -Corporate	5.00%	WE_PH
WC610	Income payments made to suppliers of agricultural products in excess of cumulative amount of P300,000 within the same taxable year -Corporate	1.00%	WE_PH
WC630	Income payments on purchases of minerals, mineral products, and quarry resources, such as but not limited to silver, gold, marble, granite, gravel, sand, boulders, and other mineral products except purchases by Bangko Sentral ng Pilipinas -Corporate	5.00%	WE_PH
WC632	Income payments on purchases of minerals, mineral products, and quarry resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under PD 1899, as amended by RA No. 7076 -Corporate	1.00%	WE_PH
WC640	Income payments made by the government and government-owned and controlled corporations (GOCCs) to its local/resident suppliers of goods other than those covered by other rates of withholding tax -Corporate	1.00%	WE_PH
WC650	On gross amount of refund given by MERALCO to customers with active contracts as classified by MERALCO -Corporate	15.00%	WE_PH
WC651	On gross amount of refund given by MERALCO to customers with terminated contracts as classified by MERALCO -Corporate	15.00%	WE_PH
WC660	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of residential and general service customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO -Corporate	10.00%	WE_PH
WC661	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of non-residential customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO -Corporate	10.00%	WE_PH
WC662	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of residential and general service customers whose monthly electricity consumption exceeds 200 kwh as classified by other electric Distribution Utilities (DU) -Corporate	10.00%	WE_PH
WC663	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of non-residential customers whose monthly electricity consumption exceeds 200 kwh as classified by other electric Distribution Utilities (DU) -Corporate	10.00%	WE_PH
WC680	Income payments made by political parties and candidates of local and national elections on all their purchases of goods and services related to campaign expenditures, and income payments made by individuals or juridical persons for their purchases of goods and services intended to be given as campaign contributions to political parties and candidates -Corporate	5.00%	WE_PH
WC690	Income payments received by Real Estate Investment Trust (REIT) -Corporate	1.00%	WE_PH
WC700	Cash on property dividend paid by a Real Estate Investment Trust -Corporate	10%	WF_PH
WC710	Interest income derived from any other debt instruments not within the coverage of deposit substitutes and Revenue Regulations No. 14-2012 -Corporate	15.00%	WE_PH
WC720	Income payments on locally produced raw sugar -Corporate	1.00%	WE_PH
WI010	Professional (lawyers, CPAs, engineers, etc.) if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI011	Professional (lawyers, CPAs, engineers, etc.) if gross income is more than P3M or VAT registered regardless of amount -Individual	10.00%	WE_PH
WI020	Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI021	Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income is more than P3M or VAT registered regardless of amount -Individual	10.00%	WE_PH
WI030	Professional athletes including basketball players, pelotaris and jockeys if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI031	Professional athletes including basketball players, pelotaris and jockeys if gross income is more than P3M or VAT registered regardless of amount -Individual	10.00%	WE_PH
WI040	All directors and producers involved in movies, stage, radio, television, and musical productions if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI041	All directors and producers involved in movies, stage, radio, television, and musical productions if gross income is more than P3M or VAT registered regardless of amount -Individual	10.00%	WE_PH
WI050	Management and technical consultants if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI051	Management and technical consultants if gross income is more than P3M or VAT registered regardless of amount -Individual	10.00%	WE_PH
WI060	Business and bookkeeping agents and agencies if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI061	Business and bookkeeping agents and agencies if gross income is more than P3M or VAT registered regardless of amount -Individual	10.00%	WE_PH
WI070	Insurance agents and insurance adjusters if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI071	Insurance agents and insurance adjusters if gross income is more than P3M or VAT Registered regardless of amount -Individual	10.00%	WE_PH
WI080	Other recipients of talent fees if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI081	Other recipients of talent fees if gross income is more than P3M or VAT Registered regardless of amount -Individual	10.00%	WE_PH
WI090	Fees of directors who are not employees of the company if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI091	Fees of directors who are not employees of the company if gross income is more than P3M or VAT Registered regardless of amount -Individual	10.00%	WE_PH
WI100	Rentals: On gross rental or lease for the continued use or possession of personal property in excess of ten thousand pesos (P10,000) 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 -Individual	5.00%	WE_PH
WI110	Cinematographic film rentals and other payments to resident individuals and corporate cinematographic film owners, lessors, and distributors -Individual	5.00%	WE_PH
WI120	Income payments to certain contractors -Individual	2.00%	WE_PH
WI130	Income distribution to the beneficiaries of estates and trusts -Individual	15.00%	WE_PH
WI139	Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers, and real estate brokers) if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI140	Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers, and real estate brokers) if gross income is more than P3M or VAT Registered regardless of amount -Individual	10.00%	WE_PH
WI150	Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science and dentists) by hospitals & clinics or paid directly by Health Maintenance Organizations (HMOs) and/or similar establishments if gross income is more than P3M or VAT Registered regardless of amount -Individual	10.00%	WE_PH
WI151	Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science and dentists) by hospitals & clinics or paid directly by Health Maintenance Organizations (HMOs) and/or similar establishments if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI152	Payment by the General Professional Partnerships (GPPs) to its partners if gross income for the current year did not exceed P720,000 -Individual	10.00%	WE_PH
WI153	Payment by the General Professional Partnerships (GPPs) to its partners if gross income exceeds P720,000 -Individual	15.00%	WE_PH
WI158	Income payments made by credit card companies -Individual	0.50%	WE_PH
WI157	Income payments made by the government and government-owned and controlled corporations (GOCCs) to its local/resident suppliers of services other than those covered by other rates of withholding tax -Individual	2.00%	WE_PH
WI158	Income payment made by top withholding agents to their local/resident supplier of goods other than those covered by other rates of withholding tax -Individual	1.00%	WE_PH
WI159	Additional income payments to government personnel from importers, shipping and airline companies or their agents for overtime services -Individual	15.00%	WE_PH
WI160	Income payment made by top withholding agents to their local/resident supplier of services other than those covered by other rates of withholding tax -Individual	2.00%	WE_PH
WI203	Property dividend payment by domestic corporation to citizens and resident aliens/NRFCs -Individual	10%	WF_PH
WI224	Cash dividend payment by domestic corporation to non-resident alien engaged in Trade or Business within the Philippines (NRAETB) -Individual	20%	WF_PH
WI225	Property dividend payment by domestic corporation to NRAETB -Individual	20%	WF_PH
WI226	Share of NRAETB in the distributable net income after tax of a partnership (except GPPs) of which he is a partner, or share in the net income after tax of an association, joint account, or a joint venture taxable as a corporation of which he is a member or a co-venturer -Individual	20%	WF_PH
WI240	Distributive share of individual partners in a taxable partnership, association, joint account or joint venture or consortium -Individual	10%	WF_PH
WI250	All kinds of royalty payments to citizens, resident aliens and NRAETB (other than WI380 and WI341), domestic and resident foreign corporations -Individual	20%	WF_PH
WI260	On prizes exceeding ₱ 10,000.00 and other winnings paid to individuals -Individual	20%	WF_PH
WI310	On payments to oil exploration service contractors/sub-contractors -Individual	8%	WF_PH
WI330	Payments to non-resident alien not engaged in trade or business within the Philippines (NRANETB) except on sale of shares in domestic corporation and real property -Individual	25%	WF_PH
WI340	On payments to non-resident individual/foreign corporate cinematographic film owners, lessors, or distributors -Individual	25%	WF_PH
WI341	Royalties paid to NRAETB on cinematographic films and similar works -Individual	25%	WF_PH
WI350	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, as amended -Individual	30%	WF_PH
WI380	Royalties paid to citizens, resident aliens and NRAETB on books, other literary works, and musical compositions -Individual	10%	WF_PH
WI410	Informers cash reward to individuals/juridical persons -Individual	10%	WF_PH
WI515	Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income for the current year did not exceed P3M -Individual	5.00%	WE_PH
WI516	Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income is more than P3M or VAT Registered regardless of amount -Individual	10.00%	WE_PH
WI530	Gross payments to embalmers by funeral parlors -Individual	1.00%	WE_PH
WI535	Payments made by pre-need companies to funeral parlors -Individual	1.00%	WE_PH
WI540	Tolling fees paid to refineries -Individual	5.00%	WE_PH
WI610	Income payments made to suppliers of agricultural products in excess of cumulative amount of P300,000 within the same taxable year -Individual	1.00%	WE_PH
WI630	Income payments on purchases of minerals, mineral products, and quarry resources, such as but not limited to silver, gold, marble, granite, gravel, sand, boulders, and other mineral products except purchases by Bangko Sentral ng Pilipinas -Individual	5.00%	WE_PH
WI632	Income payments on purchases of minerals, mineral products, and quarry resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under PD 1899, as amended by RA No. 7076 -Individual	1.00%	WE_PH
WI640	Income Payment made by NGAs, LGU, and etc. to its local/resident suppliers of goods other than those covered by other rates of withholding tax -Individual	1.00%	WE_PH
WI650	On gross amount of refund given by MERALCO to customers with active contracts as classified by MERALCO -Individual	15.00%	WE_PH
WI651	On gross amount of refund given by MERALCO to customers with terminated contracts as classified by MERALCO -Individual	15.00%	WE_PH
WI660	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of residential and general service customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO -Individual	10.00%	WE_PH
WI661	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of non-residential customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO -Individual	10.00%	WE_PH
WI662	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of residential and general service customers whose monthly electricity consumption exceeds 200 kwh as classified by other electric Distribution Utilities (DU) -Individual	10.00%	WE_PH
WI663	On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of non-residential customers whose monthly electricity consumption exceeds 200 kwh as classified by other electric Distribution Utilities (DU) -Individual	10.00%	WE_PH
WI680	Income payments made by political parties and candidates of local and national elections on all their purchases of goods and services related to campaign expenditures, and income payments made by individuals or juridical persons for their purchases of goods and services intended to be given as campaign contributions to political parties and candidates -Individual	5.00%	WE_PH
WI700	Cash on property dividend paid by a Real Estate Investment Trust -Individual	10%	WF_PH
WI710	Interest income derived from any other debt instruments not within the coverage of deposit substitutes and Revenue Regulations No. 14-2012 -Individual	15.00%	WE_PH
WI720-2018	Income payments on locally produced raw sugar -Individual	1.00%	WE_PH
WV010	VAT withholding on Purchase of Goods	5%	WV_PH
WV012	VAT Withholding on Purchases of Goods (with waiver of privilege to claim tax credit) creditable	12%	WV_PH
WV014	VAT Withholding on Purchases of Goods (with waiver of privilege to claim input tax credit) final	12%	WV_PH
WV020	VAT Withholding on Purchase of Services	5%	WV_PH
WV022	VAT Withholding on Purchases of Services (with waiver of privilege to claim input tax credit) creditable	12%	WV_PH
WV024	VAT Withholding on Purchases of Services (with waiver of privilege to claim input tax credit) final	12%	WV_PH
WV040	VAT Withholding from non-residents (Government Withholding Agents)	12%	WV_PH
WV050	VAT Withholding from non-residents (Private Withholding Agents)	12%	WV_PH
WV060	Final Withholding VAT on Other Services rendered in the Philippines by non-residents (Government Withholding Agent)	12%	WV_PH
WV070	Final Withholding VAT on Other Services rendered in the Philippines by non-residents (Private Withholding Agent)	12%	WV_PH

Tax Code (ATC)

Description

Rate

Tax Type

WB030

Tax on Carriers and Keepers of Garages

WB_PH

WB040

Franchise Tax on Gas and Utilities

WB_PH

WB050

Franchise tax on radio & TV broadcasting companies whose annual gross receipts do not exceed ₱10M & who are not-VAT registered taxpayer

WB_PH

WB070

Tax on Life insurance premiums

WB_PH

WB080

Persons exempt from VAT under Sec. 108BB (creditable) Government Withholding Agent

WB_PH

WB082

Persons exempt from VAT under Sec. 108BB (creditable) Private Withholding Agent

WB_PH

WB084

Persons exempt from VAT under Section 109BB (Section 116 applies)

WB_PH

WB090

Tax on Overseas Dispatch, Message or Conversation from the Philippines

10%

WB_PH

WB102

Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. B. On dividends and equity shares and net income of subsidiaries

WB_PH

WB103

Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. C. On royalties, rentals of property, real or personal, profits from exchange and all other items treated as gross income under the Code

WB_PH

WB104

Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. D. On net trading gains within the taxable year on foreign currency, debt securities, derivatives, and other similar financial instruments

WB_PH

WB108

Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions. A. On interest, commissions, and discounts from lending activities as well as income from financial leasing on the basis of the remaining maturities of instruments from which such receipts are derived -Maturity period is five years or less

WB_PH

WB109

WB_PH

WB110

Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions. B. On all other items treated as gross income under the Code

WB_PH

WB120

Business tax on Agents of Foreign Insurance companies -Insurance Agents

WB_PH

WB121

Business tax on Agents of Foreign Insurance companies -owner of the property

WB_PH

WB130

Tax on international carriers

WB_PH

WB140

Tax on Cockpits

18%

WB_PH

WB150

Tax on amusement places, such as cabarets, night and day clubs, videoke bars, karaoke bars, karaoke television, karaoke boxes, music lounges and other similar establishments

18%

WB_PH

WB160

Taxes on Boxing exhibitions

10%

WB_PH

WB170

Taxes on professional basketball games

15%

WB_PH

WB180

Tax on jai-alai and racetracks

30%

WB_PH

WB200

Tax on sale barter or exchange of stocks listed and traded through Local Stock Exchange

0.01%

WB_PH

WB201

Tax on shares of stocks sold or exchanged through initial and secondary public offering -Not over 25%

WB_PH

WB202

Tax on shares of stocks sold or exchanged through initial and secondary public offering -Over 25% but not exceeding 33 1/3%

WB_PH

WB203

Tax on shares of stocks sold or exchanged through initial and secondary public offering -Over 33 1/3%

WB_PH

WB301

Tax on Banks and Non-banks Financial Intermediaries Performing Quasi Banking Functions. A. On interest, commissions, and discounts from lending activities as well as income from financial leasing on the basis of the remaining maturities of instruments from which receipts are derived -Maturity period is five years or less

WB_PH

WB303

WB_PH

WC010

Professional (lawyers, CPAs, engineers, etc.) if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC011

Professionals (lawyers, CPAs, engineers, etc.) if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC020

Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC021

Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC030

Professional athletes including basketball players, pelotaris, and jockeys if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC031

Professional athletes including basketball players, pelotaris, and jockeys if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC040

All directors and producers involved in movies, stage, radio, television, and musical productions if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC041

All directors and producers involved in movies, stage, radio, television, and musical productions if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC050

Management and technical consultants if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC051

Management and technical consultants if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC060

Business and bookkeeping agents and agencies if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC061

Business and bookkeeping agents and agencies if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC070

Insurance agents and insurance adjusters if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC080

Other recipients of talent fees if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC081

Other recipients of talent fees if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC100

Rentals: On gross rental or lease for the continued use or possession of personal property in excess of ten thousand pesos (P10,000) 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 -Corporate

5.00%

WE_PH

WC110

Cinematographic film rentals and other payments to resident individuals and corporate cinematographic film owners, lessors, or distributors -Corporate

5.00%

WE_PH

WC120

Income payments to certain contractors -Corporate

2.00%

WE_PH

WC139

Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers, and real estate brokers) if gross income for the current year did not exceed P720,000 -Corporate

10.00%

WE_PH

WC140

Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers and real estate brokers) if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC150

Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science, and dentists) by hospitals and clinics or paid directly by Health Maintenance Organizations (HMOs) and/or similar establishments if gross income exceeds P720,000 -Corporate

15.00%

WE_PH

WC151

Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science and dentists) by hospitals and clinics or paid directly by Health Maintenance Organizations (HMOs) and or similar establishments if gross income for the current year did not exceed P720,000

10.00%

WE_PH

WC158-CC

Income payments made by credit card companies -Corporate

0.50%

WE_PH

WC157

Income payments made by the government and government-owned and controlled corporations (GOCCs) to its local/resident suppliers of services other than those covered by other rates of withholding tax -Corporate

2.00%

WE_PH

WC158

Income payment made by top withholding agents to their local/resident supplier of goods other than those covered by other rates of withholding tax -Corporate

1.00%

WE_PH

WC160

Income payment made by top withholding agents to their local/resident supplier of services other than those covered by other rates of withholding tax -Corporate

2.00%

WE_PH

WC180

Interest on Foreign loans payable to Non-Resident Foreign Corporation (NRFCs) -Corporate

20%

WF_PH

WC190

Interest and other income payments on foreign currency transactions/loans payable of Offshore Banking Units (OBUs) -Corporate

10%

WF_PH

WC191

Interest and other income payments on foreign currency transactions/loans payable of Foreign Currency Deposits Units (FCDUs) -Corporate

10%

WF_PH

W1202

Cash dividend payment by domestic corporation to citizens and residents aliens/NRFCs – Individual

10%

WF_PH

WC212

Cash dividend payment by domestic corporation to citizens and resident aliens/NRFCs -Corporate

25%

WF_PH

WC213

Property dividend payment by domestic corporation to citizens and resident aliens/NRFCs -Corporate

25%

WF_PH

WC222

Cash dividend payment by domestic corporation to NFRCs whose countries allowed tax deemed paid credit (subject to tax sparing rule) -Corporate

15%

WF_PH

WC223

Property dividend payment by domestic corporation to NFRCs whose countries allowed tax deemed paid credit (subject to tax sparing rule) -Corporate

15%

WF_PH

WC230

On other payments to NRFCs -Corporate

25%

WF_PH

WC250

All kinds of royalty payments to citizens, resident aliens and NRAETB (other than WI380 and WI341), domestic and resident foreign corporations -Corporate

20%

WF_PH

WC280

Branch profit remittance by all corporations except PEZA/SBMA/CDA registered -Corporate

15%

WF_PH

WC290

On the gross rentals, lease and charter fees derived by non-resident owner or lessor of foreign vessels -Corporate

4.50%

WF_PH

WC300

On gross rentals, charter and other fees derived by non-resident lessor or aircraft, machineries, and equipment -Corporate

7.50%

WF_PH

WC310

On payments to oil exploration service contractors/sub-contractors -Corporate

WF_PH

WC340

On payments to non-resident individual/foreign corporate cinematographic film owners, lessors, or distributors – Corporate

25%

WF_PH

WC410

Informers cash reward to individuals/juridical persons – Corporate

10%

WF_PH

WC515

Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income for the current year did not exceed ₱ 3M -Corporate

5.00%

WE_PH

WC516

Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income is more than ₱ 3M or VAT registered regardless of amount -Corporate

10.00%

WE_PH

WC535

Payments made by pre-need companies to funeral parlors -Corporate

1.00%

WE_PH

WC540

Tolling fees paid to refineries -Corporate

5.00%

WE_PH

WC610

Income payments made to suppliers of agricultural products in excess of cumulative amount of P300,000 within the same taxable year -Corporate

1.00%

WE_PH

WC630

Income payments on purchases of minerals, mineral products, and quarry resources, such as but not limited to silver, gold, marble, granite, gravel, sand, boulders, and other mineral products except purchases by Bangko Sentral ng Pilipinas -Corporate

5.00%

WE_PH

WC632

Income payments on purchases of minerals, mineral products, and quarry resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under PD 1899, as amended by RA No. 7076 -Corporate

1.00%

WE_PH

WC640

Income payments made by the government and government-owned and controlled corporations (GOCCs) to its local/resident suppliers of goods other than those covered by other rates of withholding tax -Corporate

1.00%

WE_PH

WC650

On gross amount of refund given by MERALCO to customers with active contracts as classified by MERALCO -Corporate

15.00%

WE_PH

WC651

On gross amount of refund given by MERALCO to customers with terminated contracts as classified by MERALCO -Corporate

15.00%

WE_PH

WC660

On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of residential and general service customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO -Corporate

10.00%

WE_PH

WC661

On gross amount of interest on the refund of meter deposit whether paid directly to the customers or applied against customer's billings of non-residential customers whose monthly electricity consumption exceeds 200 kwh as classified by MERALCO -Corporate

10.00%

WE_PH

WC662

10.00%

WE_PH

WC663

10.00%

WE_PH

WC680

Income payments made by political parties and candidates of local and national elections on all their purchases of goods and services related to campaign expenditures, and income payments made by individuals or juridical persons for their purchases of goods and services intended to be given as campaign contributions to political parties and candidates -Corporate

5.00%

WE_PH

WC690

Income payments received by Real Estate Investment Trust (REIT) -Corporate

1.00%

WE_PH

WC700

Cash on property dividend paid by a Real Estate Investment Trust -Corporate

10%

WF_PH

WC710

Interest income derived from any other debt instruments not within the coverage of deposit substitutes and Revenue Regulations No. 14-2012 -Corporate

15.00%

WE_PH

WC720

Income payments on locally produced raw sugar -Corporate

1.00%

WE_PH

WI010

Professional (lawyers, CPAs, engineers, etc.) if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI011

Professional (lawyers, CPAs, engineers, etc.) if gross income is more than P3M or VAT registered regardless of amount -Individual

10.00%

WE_PH

WI020

Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI021

Professional entertainers such as, but not limited to actors and actresses, singers, lyricists, composers, emcees if gross income is more than P3M or VAT registered regardless of amount -Individual

10.00%

WE_PH

WI030

Professional athletes including basketball players, pelotaris and jockeys if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI031

Professional athletes including basketball players, pelotaris and jockeys if gross income is more than P3M or VAT registered regardless of amount -Individual

10.00%

WE_PH

WI040

All directors and producers involved in movies, stage, radio, television, and musical productions if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI041

All directors and producers involved in movies, stage, radio, television, and musical productions if gross income is more than P3M or VAT registered regardless of amount -Individual

10.00%

WE_PH

WI050

Management and technical consultants if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI051

Management and technical consultants if gross income is more than P3M or VAT registered regardless of amount -Individual

10.00%

WE_PH

WI060

Business and bookkeeping agents and agencies if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI061

Business and bookkeeping agents and agencies if gross income is more than P3M or VAT registered regardless of amount -Individual

10.00%

WE_PH

WI070

Insurance agents and insurance adjusters if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI071

Insurance agents and insurance adjusters if gross income is more than P3M or VAT Registered regardless of amount -Individual

10.00%

WE_PH

WI080

Other recipients of talent fees if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI081

Other recipients of talent fees if gross income is more than P3M or VAT Registered regardless of amount -Individual

10.00%

WE_PH

WI090

Fees of directors who are not employees of the company if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI091

Fees of directors who are not employees of the company if gross income is more than P3M or VAT Registered regardless of amount -Individual

10.00%

WE_PH

WI100

Rentals: On gross rental or lease for the continued use or possession of personal property in excess of ten thousand pesos (P10,000) 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 -Individual

5.00%

WE_PH

WI110

Cinematographic film rentals and other payments to resident individuals and corporate cinematographic film owners, lessors, and distributors -Individual

5.00%

WE_PH

WI120

Income payments to certain contractors -Individual

2.00%

WE_PH

WI130

Income distribution to the beneficiaries of estates and trusts -Individual

15.00%

WE_PH

WI139

5.00%

WE_PH

WI140

Gross commissions or service fees of customs, insurance, stock, immigration and commercial brokers, fees of agents of professional entertainers and real estate service practitioners (RESPs), (such as real estate consultants, real estate appraisers, and real estate brokers) if gross income is more than P3M or VAT Registered regardless of amount -Individual

10.00%

WE_PH

WI150

Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science and dentists) by hospitals & clinics or paid directly by Health Maintenance Organizations (HMOs) and/or similar establishments if gross income is more than P3M or VAT Registered regardless of amount -Individual

10.00%

WE_PH

WI151

Professional fees paid to medical practitioners (includes doctors of medicine, doctors of veterinary science and dentists) by hospitals & clinics or paid directly by Health Maintenance Organizations (HMOs) and/or similar establishments if gross income for the current year did not exceed P3M -Individual

5.00%

WE_PH

WI152

Payment by the General Professional Partnerships (GPPs) to its partners if gross income for the current year did not exceed P720,000 -Individual

10.00%

WE_PH

WI153

Payment by the General Professional Partnerships (GPPs) to its partners if gross income exceeds P720,000 -Individual

15.00%

WE_PH

WI158

Income payments made by credit card companies -Individual

0.50%

WE_PH

WI157

2.00%

WE_PH

WI158

Income payment made by top withholding agents to their local/resident supplier of goods other than those covered by other rates of withholding tax -Individual

1.00%

WE_PH

WI159

Additional income payments to government personnel from importers, shipping and airline companies or their agents for overtime services -Individual

15.00%

WE_PH

WI160

Income payment made by top withholding agents to their local/resident supplier of services other than those covered by other rates of withholding tax -Individual

2.00%

WE_PH

WI203

Property dividend payment by domestic corporation to citizens and resident aliens/NRFCs -Individual

10%

WF_PH

WI224

Cash dividend payment by domestic corporation to non-resident alien engaged in Trade or Business within the Philippines (NRAETB) -Individual

20%

WF_PH

WI225

Property dividend payment by domestic corporation to NRAETB -Individual

20%

WF_PH

WI226

Share of NRAETB in the distributable net income after tax of a partnership (except GPPs) of which he is a partner, or share in the net income after tax of an association, joint account, or a joint venture taxable as a corporation of which he is a member or a co-venturer -Individual

20%

WF_PH

WI240

Distributive share of individual partners in a taxable partnership, association, joint account or joint venture or consortium -Individual

10%

WF_PH

WI250

All kinds of royalty payments to citizens, resident aliens and NRAETB (other than WI380 and WI341), domestic and resident foreign corporations -Individual

20%

WF_PH

WI260

On prizes exceeding ₱ 10,000.00 and other winnings paid to individuals -Individual

20%

WF_PH

WI310

On payments to oil exploration service contractors/sub-contractors -Individual

WF_PH

WI330

Payments to non-resident alien not engaged in trade or business within the Philippines (NRANETB) except on sale of shares in domestic corporation and real property -Individual

25%

WF_PH

WI340

On payments to non-resident individual/foreign corporate cinematographic film owners, lessors, or distributors -Individual

25%

WF_PH

WI341

Royalties paid to NRAETB on cinematographic films and similar works -Individual

25%

WF_PH

WI350

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, as amended -Individual

30%

WF_PH

WI380

Royalties paid to citizens, resident aliens and NRAETB on books, other literary works, and musical compositions -Individual

10%

WF_PH

WI410

Informers cash reward to individuals/juridical persons -Individual

10%

WF_PH

WI515

5.00%

WE_PH

WI516

Commissions, rebates, discounts, and other similar considerations paid/granted to independent and/or exclusive sales representatives and marketing agents and sub-agents of companies, including multi-level marketing companies if gross income is more than P3M or VAT Registered regardless of amount -Individual

10.00%

WE_PH

WI530

Gross payments to embalmers by funeral parlors -Individual

1.00%

WE_PH

WI535

Payments made by pre-need companies to funeral parlors -Individual

1.00%

WE_PH

WI540

Tolling fees paid to refineries -Individual

5.00%

WE_PH

WI610

Income payments made to suppliers of agricultural products in excess of cumulative amount of P300,000 within the same taxable year -Individual

1.00%

WE_PH

WI630

5.00%

WE_PH

WI632

Income payments on purchases of minerals, mineral products, and quarry resources by Bangko Sentral ng Pilipinas (BSP) from gold miners/suppliers under PD 1899, as amended by RA No. 7076 -Individual

1.00%

WE_PH

WI640

Income Payment made by NGAs, LGU, and etc. to its local/resident suppliers of goods other than those covered by other rates of withholding tax -Individual

1.00%

WE_PH

WI650

On gross amount of refund given by MERALCO to customers with active contracts as classified by MERALCO -Individual

15.00%

WE_PH

WI651

On gross amount of refund given by MERALCO to customers with terminated contracts as classified by MERALCO -Individual

15.00%

WE_PH

WI660

10.00%

WE_PH

WI661

10.00%

WE_PH

WI662

10.00%

WE_PH

WI663

10.00%

WE_PH

WI680

5.00%

WE_PH

WI700

Cash on property dividend paid by a Real Estate Investment Trust -Individual

10%

WF_PH

WI710

Interest income derived from any other debt instruments not within the coverage of deposit substitutes and Revenue Regulations No. 14-2012 -Individual

15.00%

WE_PH

WI720-2018

Income payments on locally produced raw sugar -Individual

1.00%

WE_PH

WV010

VAT withholding on Purchase of Goods

WV_PH

WV012

VAT Withholding on Purchases of Goods (with waiver of privilege to claim tax credit) creditable

12%

WV_PH

WV014

VAT Withholding on Purchases of Goods (with waiver of privilege to claim input tax credit) final

12%

WV_PH

WV020

VAT Withholding on Purchase of Services

WV_PH

WV022

VAT Withholding on Purchases of Services (with waiver of privilege to claim input tax credit) creditable

12%

WV_PH

WV024

VAT Withholding on Purchases of Services (with waiver of privilege to claim input tax credit) final

12%

WV_PH

WV040

VAT Withholding from non-residents (Government Withholding Agents)

12%

WV_PH

WV050

VAT Withholding from non-residents (Private Withholding Agents)

12%

WV_PH

WV060

Final Withholding VAT on Other Services rendered in the Philippines by non-residents (Government Withholding Agent)

12%

WV_PH

WV070

Final Withholding VAT on Other Services rendered in the Philippines by non-residents (Private Withholding Agent)

12%

WV_PH

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