TABLE OF CREDITABLE WITHHOLDING TAX RATES

NO. DESCRIPTION ATC TAX RATES

Professionals (lawyers, CPAs, engineers, etc.), talent fees paid to individuals
1 and/or juridical persons    
  Current year’s gross income: P720,000 and below WI010 10%
  Current year’s gross income: exceeds P 720,000 WI011 15%
Professional entertainers, such as, but not limited to, actors and actresses,
2 singers, lyricist, composers, emcees    
  Current year’s gross income: P720,000 and below WI020 10%
  Current year’s gross income: exceeds P 720,000 WI021 15%

3 Professional athletes, including basketball players, pelotaris and jockeys    

  Current year’s gross income: P720,000 and below WI030 10%
  Current year’s gross income: exceeds P 720,000 WI031 15%

4 Movie, stage, radio, television and musical directors and producers    

  Current year’s gross income: P720,000 and below WI040 10%
  Current year’s gross income: exceeds P 720,000 WI041 15%
Management and technical consultants paid to individuals and/or juridical
5 persons    
  Current year’s gross income: P720,000 and below WI050 10%
  Current year’s gross income: exceeds P 720,000 WI051 15%

6 Business and bookkeeping agents and agencies    

Current year’s gross income: P720,000 and below WI060 10%
  Current year’s gross income: exceeds P 720,000 WI061 15%

7 Insurance agents and insurance adjusters    

  Current year’s gross income: P720,000 and below WI070 10%
  Current year’s gross income: exceeds P 720,000 WI071 15%

8 Other recipients of talent fees    

  Current year’s gross income: P720,000 and below WI080 10%
  Current year’s gross income: exceeds P 720,000 WI081 15%

9 Fees of directors who are not employees of the company    

  Current year’s gross income: P720,000 and below WI090 10%
  Current year’s gross income: exceeds P 720,000 WI091 15%
Rentals- real/personal properties, poles, satellites & transmission facilities,
10 billboards    
  Individual WI100 5%
WC10
  Corporate 5%
0

11 Cinematographic film rentals    

  Individual WI110 5%
WC11
  Corporate 5%
0

12 Income payments to prime contractors/sub-contractors    

  Individual WI120 2%
WC12
  Corporate 2%
0

13 Income distribution to beneficiaries of estates and trusts WI130 15%

Gross commission or service fees of custom, insurance, stock, real estate,
immigration and commercial brokers & fees of agents of professional
14 entertainers    
  Individual WI140 10%
WC14
  Corporate 10%
0
Payments to medical practitioners by a duly registered professional
15 partnership for the practice of the medical profession    
Currents year's income payments to the medical practitioner: P720,000
  WI141 10%
and below
Currents year's income payments to the medical practitioner: exceeds
  WI142 15%
P720,000
Payments for medical/dental/veterinary services thru Hospitals/ Clinics/Health
16 Maintenance Organizations, including direct payments to service providers    
Current year's income payments for the medical/dental/veterinary
  WI151 10%
services: P 720,000 and below
Current year's income payments for the medical/dental/veterinary
  WI150 15%
services: exceeds P 720,000

17 Payment by the general professional partnerships GPP) to its partners    

  Current year's income payments to the partners: P 720,000 and below WI152 10%
  Current year's income payments to the partners: exceeds P 720,000 WI153 15%

18 Payments made by credit card companies    

  Individual WI156 1% of 1/2
WC15
  Corporate 1% of 1/2
6
Income payments made by the government to its local/resident suppliers of
19 goods    
  Individual WI640 1%
WC64
  Corporate 1%
0
Income payments made by the government to its local/resident suppliers of
20 service    
  Individual WI157 2%
WC15
  Corporate 2%
7
Income payments made by top 20,000 private corporations to their
21 local/resident suppliers of goods    
  Individual WI158 1%
WC15
  Corporate 1%
8
Income payments made by top 20,000 private corporations to their
22 local/resident suppliers of services    
  Individual WI160 2%
  Corporate WC16 2%
 0
Additional payments to government personnel from importers, shipping and
23 airline companies or their agents for overtime services WI159 15%
Commission, rebates, discounts and other similar considerations paid/granted
to independent & exclusive distributors, medical/technical & sales
representatives & marketing agents & sub-agents of multi-level marketing
24 companies    
  Individual WI515 10%
WC51
  Corporate 10%
5

25 Gross payments to embalmers by funeral parlors WI530 1%

26 Payments made by pre-need companies to funeral parlors    

  Individual WI535 1%
WC53
  Corporate 1%
5

27 Tolling fee paid to refineries    

  Individual WI540 5%
WC54
  Corporate 5%
0

28 Income payments made to suppliers of Agricultural products    

  Individual WI610 1%
WC61
  Corporate 1%
0
Income payments on purchases of minerals, mineral products & quarry
29 resources    
  Individual WI630 5%
WC63
  Corporate 5%
0
Income payments on purchases of gold by Bangko Sentral ng Pilipinas (BSP)
30 from gold miners/suppliers under PD 1899, as amended by RA No. 7076    
  Individual WI632 5%
WC63
  Corporate 5%
2

31 On gross amount of refund given by Meralco to customers    

  With active contracts as classified by Meralco:    
  Individual WI650 25%
WC65
  Corporate 25%
0
  With terminated contracts as classified by Meralco    
  Individual WI651 32%
WC65
  Corporate 32%
1
Withholding on gross amount of interest on the refund of meter deposit
32 whether paid directly to the customers or applied against customer's billing    
  Individual    
  Monthly electricity consumption exceeds 200 kwh as classified    
 by MERALCO
  Residential and General Service customers WI660 10%
  Non-Residential customers WI661 10%
Monthly electricity consumption exceeds 200 kwh as classified
     
by other electric Distribution Utilities (DU)
  Residential and General Service customers WI662 10%
  Non-Residential customers WI663 20%
  Corporate    
Monthly electricity consumption exceeds 200 kwh as classified
     
by MERALCO
  Residential and General Service customers    
WC66
  Non-Residential customers 10%
0
Monthly electricity consumption exceeds 200 kwh as classified WC66
  10%
by other electric Distribution Utilities (DU) 1
WC66
  Residential and General Service customers 10%
2
WC66
  Non-Residential customers 20%
3
Income payments made by the top five thousand (5,000) individual taxpayers
to their local/resident suppliers of goods other than those covered by other
33 rates of withholding tax    
  Individual WI670 1%
WC67
  Corporate 1%
0
Income payments made by the top five thousand (5,000) individual taxpayers
to their local/resident suppliers of goods other than those covered by other
34 rates of withholding tax    
  Individual WI672 2%
WC67
  Corporate 2%
2
Income payments made by political parties and candidates of local and
national elections of all their purchase of goods and services as campaign
expenditures, and income payments made by individuals or juridical persons
for their purchases of goods and services intended to be given as campaign
35 contribution to political parties and candidates    
  Individual WI680 5%
WC68
  Corporate 5%
0
WC69
36 Income payments received by Real Estate Investment Trust (REIT) 0 1%
Interest income derived from any other debt instruments not within the
coverage of deposit substitutes and Revenue Regulations No. 14-2012 subject
37 to Creditable/ Expanded Withholding Tax    
  Individual WI710 20%
WC71
  Corporate 20%
0