CLICK "LIKE" BELOW

Summary of Expanded Withholding tax (Creditable)

SCHEDULES OF ALPHANUMERIC TAX CODES

NATURE OF INCOME PAYMENT

TAX

A T C

RATE

IND

CORP

EWT- professionals (lawyers, CPAs, engineers, etc)/talent fees paid

to juridical persons

- if the current year's gross income is P720,000 and below

10%

WI 010

WC 010

- if the current year's gross income exceeds P720,000

15%

WI 011

WC 011

EWT- professional entertainers-

10%

WI 020

- if the current year's gross income does not exceed P720,000.00

- if the current year's gross income exceeds P720,000.00

15%

WI 021

EWT- professional athletes-

10%

WI 030

- if the current year's gross income does not exceed P720,000.00

- if the current year's gross income exceeds P720,000.00

15%

WI 031

EWT- movie, stage, radio, television and musical directors-

10%

WI 040

- if the current year's gross income does not exceed P720,000.00

- if the current year's gross income exceeds P720,000.00

15%

WI 041

EWT- management and technical consultants

10%

WI 050

WC 050

- if the current year's gross income is P720,000 and below

- if the current year's gross income exceeds P720,000

15%

WI 051

WC 051

EWT- business and bookkeeping agents and agencies

10%

WI 060

- if the current year's gross income is P720,000 and below

- if the current year's gross income exceeds P720,000

15%

WI 061

EWT- insurance agents and insurance adjusters

10%

WI 070

- if the current year's gross income is P720,000 and below

- if the current year's gross income exceeds P720,000

15%

WI 071

EWT- other recipient of talent fees-

10%

WI 080

- if the current year's gross income does not exceed P720,000.00

- if the current year's gross income exceeds P720,000.00

15%

WI 081

EWT- fees of directors who are not employees of the company

10%

WI 090

- if the current year's gross income is P720,000 and below

- if the current year's gross income exceeds P720,000

15%

WI 091

EWT- rentals : real/personal properties, poles,satellites & transmission

5%

WI 100

WC 100

facilities, billboards

EWT- cinematographic film rentals

5%

WI 110

WC 110

EWT- prime contractors/sub-contractors

2%

WI 120

WC 120

EWT- income distribution to beneficiaries of estates & trusts

15%

WI 130

EWT- gross commission or service fees of customs, insurance,

10%

WI 140

WC 140

stocks, real estate, immigration & commercial brokers &

fees of agents of professional entertainers

NATURE OF INCOME PAYMENT

TAX

A T C

RATE

IND

CORP

EWT- payments to medical practitioners by a duly registered professional partnership

-if the current year's income payments for the medical practitioner is P720,000 and below

10%

WI 141

-if the current year's income payments for the medical practitioner exceed P720,000

15%

WI 142

EWT- payments for medical/dental /veterinary services thru hospitals/clinics/

health maintenance organizations, including direct payments to

service providers

- if the current year's income payments for the medical/dental/veterinary services

10%

WI 151

is P720,000 and below

- if the current year's income payments for the medical/dental/veterinary services

15%

WI 150

exceeds P720,000

EWT- payment by the general professional partnership (GPP) to its partners

10%

WI 152

-if the current year's income payments for the partner is P720,000 and below

-if the current year's income payments for the partner exceed P720,000

15%

WI 153

EWT- payments made by credit card companies

1% of 1/2

WI 156

WC 156

EWT- income payments made by the government to its local/resident suppliers

1%

WI 640

WC 640

of Goods

EWT- income payments made by the government to its local/resident suppliers

2%

WI 157

WC 157

of Services

EWT- income payments made by top 10,000 private corporations to

1%

WI 158

WC 158

their local/resident supplier of goods

EWT- income payments made by top 10,000 private corporations to

2%

WI 160

WC 160

their local/resident supplier of services

EWT- additional payments to government personnel from importers, shipping

15%

WI 159

and airline companies or their agents for overtime services

EWT- commission,rebates, discounts and other similar considerations

10%

WI 515

WC 515

paid/granted to independent and exclusive distributors, medical/technical

and sales representatives and marketing agents and sub-agents

of multi-level marketing companies

EWT- gross payments to embalmers by funeral companies

1%

WI 530

EWT- payments made by pre-need companies to funeral parlors

1%

WI 535

WC 535

EWT- tolling fee paid to refineries

5%

WI 540

WC 540

EWT- income payments made to suppliers of agricultural products

1%

WI 610

WC 610

EWT- income payments on purchases of minerals, mineral products & quarry resources

10%

WI 630

WC 630

EWT - income payments on purchases of gold by Bangko Sentral ng Pilipinas (BSP)

10%

WI 632

WC 632

from gold miners/suppliers under PD 1899, as amended by RA No. 7076

EWT- on gross amount of refund given by MERALCO to customers with active

25%

WI 650

WC 650

contracts as classified by MERALCO

EWT- on gross amount of refund given by MERALCO to customers with terminated

32%

WI 651

WC 651

contracts as classified by MERALCO

10 comments:

  1. I am going to pay the supplier of desktop computers? what will be the EWT tax rate? is it 2% or 1%?

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete
  3. i am not a large taxpayer, am i mandated also to withhold taxes from my purchases of goods and services?

    ReplyDelete
    Replies
    1. Only if you're registered withholding agent on Expanded Withholding Tax

      Delete
  4. I have single proprietorship business. I deduct 1% from my payments to suppliers of goods, and 2% from suppliers of services. Under what ATC codes should these deductions be classified? The BIR Withholding Tax table of withholding tax ATC do not seem to provide for small individual taxpayers like me.

    ReplyDelete
  5. Is there an easier way for the employees who individually purchase good/services certainly for the company use, using cash advances and reimbursements? Should we really present the BIR form 2307 on every purchase from restaurants, coffee and other establishments?

    ReplyDelete
  6. I am presently employed in an agency (and deployed to a client) and they are deducting me 15% since my gross annual income exceeds P720,000.00. But, they told me that from the net pay (tax deducted), 60% of the net pay will still be subjected to tax deductions. Why do they have to deduct tax twice?

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...

CLICK "LIKE" BELOW AND LEAVE A COMMENT