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Type Code Tax Rate Description
Corporation WC030 10.00 Professional athletes including basketball players, pelotaris and jockeys If gross income for the current year did not exceed P 720,000
Corporation WC031 15.00 Professional athletes including basketball players, pelotaris and jockeys If gross income exceeds P 720,000
Individual WI040 5.00 All directors and producers involved in movies, stage, radio, television and and musical productions If gross income for the current year did not exceed P 3M
Individual WI041 10.00 All directors and producers involved in movies, stage, radio, television and and musical productions If gross income is more than P 3M or VAT Registered regardless of amount
Corporation WC040 10.00 All directors and producers involved in movies, stage, radio, television and and musical productions If gross income for the current year did not exceed P 720,000
Corporation WC041 15.00 All directors and producers involved in movies, stage, radio, television and and musical productions If gross income exceeds P 720,000
Individual WI050 5.00 Management and technical consultants If gross income for the current year did not exceed P 3M
Individual WI051 10.00 Management and technical consultants If gross income is more than P 3M or VAT Registered regardless of amount
Corporation WC050 10.00 Management and technical consultants If gross income for the current year did not exceed P 720,000
Corporation WC051 15.00 Management and technical consultants If gross income exceeds P 720,000
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