Other Percentage Tax

Question 1

Land Transport

Domestic Carriers

Answer 1

3% CCT
Gross Sales

Question 2

Air and Sea Transport

Domestic Carriers

Answer 2

12% VAT

Question 3

Banca and Kalesa

Domestic Carriers

Answer 3

Exempt

Question 4

International Carrier: Cargo/Mail

PH - FC

Answer 4

3% CCT (subject to reciprocity)

Question 5

International Carrier: Cargo/Mail

FC - PH

Answer 5

12% VAT

Question 6

International Carriers: Passengers

PH - FC, FC - PH

Answer 6

Exempt

Question 7

Radio or TV
Gross Sales do not exceed 10M

Franchise

Answer 7

3% Franchise Tax

Question 8

Radio or TV
Gross Sales exceeding 10M

Franchise

Answer 8

12% VAT

Question 9

Gas and Water Utilities

Franchise

Answer 9

2% Franchise Tax

Question 10

PAGCOR
Gaming Operations

Franchise

Answer 10

5% Franchise Tax

Question 11

National Grid Corporation of the Philippines (NGCP)

Franchise

Answer 11

3% Franchise Tax

Question 12

Electric Utilities
(genration, transmission, distribution)

Franchise

Answer 12

12% VAT

Question 13

Overseas Dispatch, Message

Overseas Communication Tax

Answer 13

10% OCT

Based on Billing

Question 14

Diplomatic Services
International Organization
News
Government

Overseas Communication Tax

Answer 14

Exempt

Question 15

Interest, Commissions, Discounts
5 years or less

Banks, Non-banks, Money Changers

Answer 15

5%

Question 16

Interest, Commissions, Discounts
more than 5 years

Banks, Non-banks, Money Changers

Answer 16

1%

Question 17

Dividends and Equity Share in Net Income of Subsidiary

Banks, Non-banks, Money Changers

Answer 17

Exempt

Question 18

Royalties, Rentals, Other Income, Net Trading Gains

Banks, Non-banks, Money Changers

Answer 18

7%

Question 19

Interest, Commissions, Discounts
5 years or less

Other Non-Bank Financial Intermediaries

Answer 19

5%

Question 20

Interest, Commissions, Discounts
more than 5 years

Other Non-Bank Financial Intermediaries

Answer 20

1%

Question 21

Other Income

Other Non-Bank Financial Intermediaries

Answer 21

5%

Question 22

Jai-alai and Racetracks

Amusement Tax

Answer 22

30%

Question 23

Cockpits, Cabarets, Night and Day Clubs

Amusement Tax

Answer 23

18%

Question 24

Videoke Bars, KTV, Karaoke Boxes, Music Lounges

Amusement Tax

Answer 24

18%

Question 25

Professional Basketball Games | Amusement Tax

Answer 25

15%

Question 26

Boxing Exhibitions | Amusement Tax

Answer 26

10%

Question 27

Bettor: Winnings or Dividends (less cost of ticket) | Winnings on Racehorses

Answer 27

10%

Question 28

Better: Winning on Double, Trifecta, Quinella | Winnings on Racehorses

Answer 28

4%

Question 29

Owner of horse - Winnings | Winnings on Racehorses

Answer 29

10%

Question 30

Sale of Listed Shares | Stock Transaction Tax

Answer 30

6/10 of 1%

Question 31

Sale of Listed Shares through IPO

Answer 31

Exempt