BIR FORM

BIR FORM NO. 1600 1600/2306 1600/2306 1600/2306

TAX TYPE

DESCRIPTION
MONTHLY REMITTANCE RETURN OF VALUE-ADDED TAX AND OTHER PERCENTAGE TAXES WITHHELD

ATC

TAX RATES

WG WG WG

FWVAT on payments for purchases of Goods FWVAT on payments for purchases of Services Lease or use of properties or property rights owned by nonresidents (Government Withholding Agent) Lease or use of properties or property rights owned by nonresidents (Private Withholding Agent) Other services rendered in the Philippines by non-residents (Government Withholding Agent) Other services rendered in the Philippines by non-residents (Private Withholding Agent) Tax on carriers and keepers of garages Franchise Tax on Gas and Water Utilities Franchise Tax on radio & TV broadcasting companies whose annual gross receipts does not exceed P10M & who are not VAT registered taxpayers Tax on life insurance premiums Persons exempt from VAT under Sec. 109(v) (creditable)Government Withholding Agent Tax on overseas dispatch, message or conversation originating from the Philippines Tax on Banks and Non-Bank Financial Internediaries Performing Quasi-Banking Functions. On interest, commissions and discounts from lending activities as well as income from financial leasing, on the basis of remaining maturities of instruments from which such receipts are derived: - Maturity period is five years or less Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi-Banking Functions. On interest, commissions and discounts from lending activities as well as income from financial leasing, on the basis of remaining maturities of instruments from which such receipts are derived: - Maturity period is more than five years Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi-Banking Functions. On dividends and equity shares and net income of subsidiaries Tax on Banks and Non-Bank Financial Intermediaries Performing Quasi-Banking Functions. On royalties, rentals of property, real or personal, profits from exchange and all other items treated as gross income under the Code Tax on Banks and Non-Bank Financial Intermediaries Perfoming Quasi-Banking Functions. On net trading gains within the taxable year on foreign currency, debt securities, derivatives, and other similar financial instruments Tax on Other Non-Banks Financial Intermediaries Not 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 instrument from which such receipts are derived: - Maturity period is five years or less

WV010 WV020 WV040

5% 5% 12%

1600/2306

WG

WV050

12%

1600/2306

WG

WV060

12%

1600/2306 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307

WG WG WG WG WG WG WG

WV070 WB030 WB040 WB050 WB070 WB080 WB090

12% 3% 2% 3% 5% 3% 10%

1600/2307

WG

WB301

5%

1600/2307

WG

WB303

1%

1600/2307

WG

WB102

0%

1600/2307

WG

WB103

7%

1600/2307

WG

WB104

7%

1600/2307

WG

WB108

5%

1600/2307

WG

Tax on Other Non-Banks Financial Intermediaries Not 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 instrument from which such receipts are derived: - Maturity period is more than five years Tax on Other Non-Banks Financial Intermediaries Not Performing Quasi-Banking Functions. On all other items treated as gross income under the Code Business Tax on Agents of foreign insurance co. - insurance agents Business Tax on Agents of foreign insurance co. - owner of the property Tax on International Carriers Tax on cockpits Tax on cabarets, night and day clubs Tax on boxing exhibitions Tax on professional basketball games Tax on jai-alai & race tracks Tax on sale, barter or exchange of shares of stocks listed and traded through the Local Stock Exchange Tax on shares of stock sold or exchanged through initial and secondary public offering - Not over 25% Tax on shares of stock sold or exchanged through initial and secondary public offering - Over 25% but not exceeding 33 1/3% Tax on shares of stock sold or exchanged through initial and secondary public offering - Over 33 1/3% VAT Withholding on Purchase of Goods (with waiver of privilege to claim input tax credit (creditable) Vat Withholding on Purchase of Goods (with waiver of privilege to claim input tax credit (final) VAT Withholding on Purchase of Services (with waiver of privilege to claim input tax credit (creditable) VAT Withholding on Purchase of Services (with waiver of privilege to claim input tax credit (final) Persons exempt from VAT under Section 109v (creditable) Private Withholding Agent Persons exempt from VAT under Section 109v (final)

WB109

1%

1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2307 1600/2306 1600/2307 1600/2306 1600/2307 1600/2306

WG WG WG WG WG WG WG WG WG WG WG WG WG WG WG WG WG WG WG

WB110 WB120 WB121 WB130 WB140 WB150 WB160 WB170 WB180 WB200 WB201 WB202 WB203 WV012 WV014 WV022 WV024 WB082 WB084

5% 10% 5% 3% 18% 18% 10% 15% 30% 1/2 of 1% 4% 2% 1% 12% 12% 12% 12% 3% 3%