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Type Code Tax Rate Description
Individual WI010 5.00 Professional (Lawyers, CPAs, Engineers, etc.) if gross income for the current year did not exceed P 3M
Individual WI011 10.00 Professional (Lawyers, CPAs, Engineers, etc.) If gross income is more than P 3M or VAT Registered regardless of amount
Corporation WC010 10.00 Professional (Lawyers, CPAs, Engineers, etc.) If gross income for the current year did not exceed P 720,000
Corporation WC011 15.00 Professional (Lawyers, CPAs, Engineers, etc.) If gross income exceeds P 720,000
Individual WI020 5.00 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 P 3M
Individual WI021 10.00 Professional entertainers such as, but not limited to actors and actresses singers, lyricists, composers, emcees If gross income is more than P 3M or VAT Registered regardless of amount
Corporation WC020 10.00 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 P 720,000
Corporation WC021 15.00 Professional entertainers such as, but not limited to actors and actresses singers, lyricists, composers, emcees If gross income exceeds P 720,000
Individual WI030 5.00 Professional athletes including basketball players, pelotaris and jockeys If gross income for the current year did not exceed P 3M
Individual WI031 10.00 Professional athletes including basketball players, pelotaris and jockeys If gross income is more than P 3M or VAT Registered regardless of amount
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