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Code Tax Rate Description
WB109 1.00 Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions 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
WB110 5.00 Tax on Other Non-Banks Financial Intermediaries nor performing Quasi-Banking Functions On all other items treated as gross income under the Code
WB080 3.00 Persons exempt from VAT under Sec. 108BB (creditable) Government Withholding Agent
WB082 3.00 Persons exempt from VAT under Sec. 108BB (creditable) Private Withholding Agent
WB084 3.00 Persons exempt from VAT under Section 109BB (Section 116 applies)
VQ010 0.00 Mining and Quarrying
VM040 0.00 Manufacturing Tobacco
VM110 0.00 Manufacturing Alcohol
VM120 0.00 Manufacturing Petroleum
VM130 0.00 Manufacturing Automobiles
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