8/3/2019 2010 Tax Matrix - Individual Aliens

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RESIDENT ALIEN ENGAGED IN

BUSINESS

NOT ENGAGE

IN BUSINESSDefinition Sec 22 (F) Sec 22 (G) / Sec 25

(A)(1)

Sec 22 (G)

An individual whoseresidence is within the

Philippines and who is

not a citizen thereof.

An individual whoseresidence is not

within the Philippines

and who is not a

citizen thereof but

stays in the

Philippines for an

aggregate period of

more than 180 days

during any calendar

year

An individual whoseresidence is not

within the Philippine

and who is not a

citizen thereof but

stays in the

Philippines for an

aggregate period o

or less than 180 da

during any calenda

year

Tax Code Reference Sec 24 Sec 25 (A) Sec 25 (B)

Tax Base taxable income earned

from all sources within 

the Philippines

taxable income

earned from all

sources within  the

Philippines

gross income fro

all sources within

the Philippines

Tax Rates - In general 5% - 34 % in 1998

5% - 33% in 1999

5% - 32% in 2000

5% - 32% thereafter

5% - 34 % in 1998

5% - 33% in 1999

5% - 32% in 2000

5% - 32% thereafter

25%FT

Interest on currency bank deposit and yield or

any other monetary benefit from deposit

substitutes and from trust fund and similar

arragements

20% FT 20% FT 25% FT

Interest from a depository bank under the

expanded foreign currency deposit system

7.5% FT EXEMPT

Sec 27(D)(3)

Sec 2.27(c)RR 10-98

EXEMPT

Sec 27(D)(3)

RR 10-98

Interest on long term deposit or investment

[Sec 22(FF)] in the form of savings, common

or individual trust funds, deposit substitutes,

investment management accounts and other

investments evidenced by certificates in such

form prescribed by the BSP

EXEMPT EXEMPT 25% FT

Pre-terminated long term investment (should

actually based on expired term)

4 yrs to < 5 years -- 5%

3 years to < 4 years --

12%

Less than 3 years --

20%

5 yrs to < 5 years --

5% 3

years to < 4 years --

12%

Less than 3 years --

20%

25% FT

NON-RESIDENT ALIEN

ALIENS

INCOME TAXATION OF INDIVIDUALS: ALIENS

Tax Rates - On Passive Income (subject to Final Tax [FT])

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RESIDENT ALIEN ENGAGED IN

BUSINESS

NOT ENGAGE

IN BUSINESS

NON-RESIDENT ALIEN

ALIENS

INCOME TAXATION OF INDIVIDUALS: ALIENS

Other interest income derived within the

Philippines

5% - 34%, 33%, 32% 20%FT 25% FT

Other interest income derived outside thePhilippines

EXEMPT EXEMPT EXEMPT

Royalties - in general 20% FT 20% FT 25% FT

Royalties on books, other literary works and

musical compositions

10% FT 10% FT 25% FT

Royalties on cinematographic films and similar

works [Sec 28(B)(2)]

20% FT 25% FT 25% FT

Prizes - more than P10,000 20% FT 20% FT 25% FT

Prizes - P10,000 or less 5% - 34%, 33%, 32% 5% - 34%, 33%, 32% 25% FT

Prizes - PCSO and Lotto winnings EXEMPT EXEMPT EXEMPT

Sec 27(D)(3)RR 10-98

Other prizes or winnings within the Philippines 20% FT 20% FT 25% FT

Other prizes or winnings outside the

Philippines

EXEMPT EXEMPT EXEMPT

Cash and/or Property Dividends from a

domestic corp or share in distributable net

income after tax of a partnership (except a

general professional partnership), association,

joint account, or joint venture or consortium

taxable as corporation

6% FT beginning Jan 1,

1998

8% FT beginning Jan 1,

1999 10% FT

beginning Jan 1, 2000

20% FT 25% FT

Other Cash and/or Property Dividends (e.g.

from a foreign corp in the Philippines)

5% - 34%, 33%, 32% 5% - 34%, 33%, 32% 25%FT

Other Cash and/or Property Dividends (e.g.

from a foreign corp NOT in the Philippines)

EXEMPT EXEMPT EXEMPT

On domestic shares of stock not traded

through local stock exchange (based on net

capital gains)

5% / 10% FT 5% / 10% FT 5% / 10% FT

On shares of stock traded through local stock

exchange (based on gross selling price) [Sec

127(A) & (D)]

1/2 of 1% FT

(Percentage Tax)

1/2 of 1% FT

(Percentage Tax)

1/2 of 1% FT

(Percentage Tax

On real property (based on gross selling price

or FMV whichever is higher) - In general

6% FT 6% FT 6% FT

On real property sold to the government - subj

to option

6% FT or

5% - 34% 33%, 32%

6% FT or

5% - 34% 33%, 32%

6% FT or

5% - 34% 33%, 32

On real property sold to acquire or construct

new principal residence

EXEMPT subj to certain

conditionsN/A

RR 13-99

N/A

RR 13-99Atty. Marissa O. Cabreors (Ateneo School of Law)