Handbook On Alphanumeric Tax Codes (Atc) of Revenue Sources: December 31, 2004

HANDBOOK ON ALPHANUMERIC TAX CODES (ATC) OF REVENUE SOURCES
December 31, 2004

KIND OF TAXES/IMPOSITIONS
ATC
I.
II011
II012
II013
II040
TAX ON INCOME
A. Taxes Paid upon Filing
1. Individual Income Tax
a) On taxable compensation, business and other income
derived by citizens, resident aliens, estates and trust,
non-resident aliens engaged in trade or business in the
Philippines
1) Pure Compensation
2) Pure Business
3) Mixed Income
b) Earnings derived by Marginal Income Earners
II041
c)
Other Income (Not Compensation or Business Income or

Income from the Practice of Profession)
d)
II420
II051
e)
On Capital Gains
1) From Sale of Shares of Stock not Traded in the
Local Stock Exchange
2) From Sale of Real Properties (Capital Assets)
Rent for Personal Property regardless of the amount
II060
f)
Premium and Annuity
II070
g)
Pensions
II090
h)
Transportation contractors for the Carriage of Goods and

Merchandise below P 2,000
II110
i)
Interest not subject to withholding
II120
j)
Prizes amounting to P10,000 or less
II080
k)
Other Fixed and Determinable Gains, Profit and Loss
II130
l)
Partner's distributive share from the net income of the

general professional partnerships
II030
2.
IC010
Corporate Income Tax

a) Domestic corporations
1) Ordinary domestic corporations on taxable income
IC011
IC020
2)
3)
Non-Stock Non-profit Organization

Partnerships, no matter how created or organized,
but not including general professional, partneships,
on taxable net income
General Professional Partnerships
Proprietary Educational Institutions and Hospitals
IC021
IC030
4)
5)
IC031
IC040
6)
7)
Non-stock, Non-profit Hospitals

Government-owned or Controlled corporations,
Agencies or Instrumentalities
IC041
8)
IC055
9)
National Government and Local Government Units

(For propriety activities except public utility business)
Minimum Corporte Income Tax (MCIT)
Page 1 of 15
TAX RATES
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5%, 10%
6%
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
5% - 34%, 1998
5% - 33%, 1999
5% - 32%, 2000
34% - 1998
33% - 1999
32% - 2000
34% - 1998
33% - 1999
32% - 2000
Exempt
10%
34% - 1998
33% - 1999
32% - 2000
10%
34% - 1998
33% - 1999
32% - 2000
Exempt
2%

December 31, 2004
ATC
b)
IC190
Resident Foreign Corporations

1) Ordinary Foreign corporation engaged in trade or
business in the Philippines, on taxable income from
all sources within the Philippines
2) International carriers-on gross Philippine billings
(Air and Shipping)
3) Regional Operating Headquarters of Multinational
Companies
4) Offshore Banking Units (OBUs)
IC191
5)
IC070
IC080
IC101
c)
Foreign Currency Deposit Units (FCDUs)
IC120
d)
Capital Gains
From Sale of Shares of Stock not Traded in the Local
Stock Exchange
Prizes regardless of the amount (Corporate)
IC130
e)
Rent for Personal Property regardless of the amount
IC140
f)
Premium and Annuity
IC160
g)
Transportation contractors for the Carriage of Goods

and Merchandise below P 2,000
IC170
h)
Interest not subject to withholding tax
IC370
IC150
i)
j)
On improperly accumulated earnings tax

Other Fixed and Determinable Gains, Profit and Loss
IC200
k)
PEZA Free Port Zones (ECOZONE Enterprises)
IC110
B.
WW010
WI010
WI011
WC010
Taxes Withheld
1. Withholding Tax on Compensation
2. Withholding Tax at Source
a) Subject to creditable withholding tax
1) Professional/talent fees paid to individual
i)
Professionals (lawyers, CPAs, engineers, etc.);
- If the current years gross income is
P 720,000 and below
- If the currents years gross income
exceeds P 720,000
ii)
Professional talent fees paid to juridical persons
P 720,000 and below
WC011
iii)
WI020
WI021
iv)
WI030
WI031
If the currents years gross income

exceeds P 720,000
Professional entertainers such as, but not limited
to actors and actresses, singers, lyricist,
composers, emcees
P 720,000 and below
If the currents years gross income
exceeds P 720,000
Professional athletes including basketball
pelotaris
players, pelotaris
and jockeys;
and jockeys;
P 720,000 and below
exceeds P 720,000
Page 2 of 15
TAX RATES
34% - 1998
33% - 1999
32% - 2000
2 1/2%
10%
34% - 1998
33% - 1999
32% - 2000
34% - 1998
33% - 1999
32% - 2000
5%, 10%
34% - 1998
33% - 1999
32% - 2000
34% - 1998
33% - 1999
32% - 2000
34% - 1998
33% - 1999
32% - 2000
34% - 1998
33% - 1999
32% - 2000
34% - 1998
33% - 1999
32% - 2000
10%
34% - 1998
33% - 1999
32% - 2000
3% - National Gov't
Share
2% - Local Gov't
Share
10%
15%
10%
15%
10%
15%
10%
15%

December 31, 2004
ATC
v)
WI040
WI041
WC050
WC051
WI060
WI061
WI070
WI071
WI080
WI081
WI090
WI091
2)
WI100
WC100
3)
WI110
WC110
4)
WI120
WC120
WI130
5)
6)
WI140
WC140
WI141
Movie, stage, radio, television and musical

directors
P 720,000 and below
exceeds P 720,000
vi) Management and technical consultants;
P 720,000 and below
exceeds P 720,000
vii) Business and bookkeeping agents and agencies
P 720,000 and below
exceeds P 720,000
viii) Insurance agents and insurance adjusters
P 720,000 and below
exceeds P 720,000
ix) Other recipients of talent fees
P 720,000 and below
exceeds P 720,000
x) Fees of directors who are not employees of the
company
P 720,000 and below
exceeds P 720,000
Rentals- on gross for the continued use or
posession of real property, personal properties,
poles, satellites& transmission facilities, and
billiboards used in business which the payor or
obligator has not taken or is taking title, or in which
has no equity
i)
Individual
ii)
Corporate
Cinematographic film rentals and other payments
to resident individuals and corporate
cinematographic film owners, lessors or distributors
i)
Individual
ii)
Corporate
Income payments to certain contractors, on gross
payments
i)
Individual
ii)
Corporate
Income distribution to beneficiaries of estates and
trusts
Gross commission or service fees of custom, insurance,
stock, real estate, immigration and commercial brokers &
fees of agents of professional entertainers
TAX RATES
10%
15%
10%
15%
10%
15%
10%
15%
10%
15%
10%
15%
5%
5%
5%
5%
1%
1%
15%
i)
Individual
ii)
Corporate
Payments to medical practitioners through a duly
registered professional partnership for the practice
of the medical profession
Payments for medical/dental/veterinary services thru
Hospitals/ Clinics/Health Maintenance Organizations,
including direct payments to service providers
10%
10%
10%
WI151
i)
10%
WI150
ii)
7)
8)
if the current year's income payments for the

medical/dental/veterinary services is P 720,000
and below
medical/dental/veterinary services exceed
is exceed
P 720,000
Page 3 of 15
10%
15%

December 31, 2004
ATC
Payment to partners in general professional

partnerships
i)
partnesr is P 720,000 and below
ii)
partner exceed P 720,000
10) Sale, exchange or transfer of real property other
than capital assets, sold by an individual, corp.,
estate, trust
i)
individual
TAX RATES
9)
WI152
WI153
WI555
WI556
WI557
WI558
WC555
WC556
WC557
WC558
ii)
corporate
11) Income payments made by credit card companies

i)
individual
ii)
corporate
12) Income payments made by the government to its local/
resident suppliers of goods and services
i)
individual
- Supplier of Goods
- Supplier of Services
ii)
corporate
- Supplier of Goods
- Supplier of Services
13) Income payments made by top 10,000 private
corporations
to
their local/resident
suppliers of goods
WI156
WC156
WI640
WI157
WC640
WC157
10%
15%
1.5%
3%
5%
6%
1.5%
3%
5%
6%
1/2% of 1%
1/2% of 1%
1%
2%
1%
2%
WI158
WC158
i)
individual
ii)
corporate
14) Income payments made by top 10,000 private
corporations
to
their local/resident
suppliers of services
1%
1%
WI160
WC160
i)
individual
ii)
corporate
15) Additional income payments to gov't. personnel
from importers, shipping and airline companies
or their agents for overtime services
16) Commission, rebates, discounts and other similar
considerations paid/granted to independent and/or
exclusive
sales representatives and marketing agents and subagents of companies
2%
2%
WI159
WI515
WC515
WI530
17)
18)
WI535
WC535
19)
WI540
WC540
20)
WI610
WC610
ii)
corporate
21) Income payments on purchases of minerals, mineral
products and quarry resources
WI630
WC630
b)
WI161
i)
individual
ii)
corporate
Gross payments to embalmers by funeral parlors
Payments made by pre-need companies to funeral
parlors
i)
individual
ii)
corporate
Tolling fee paid to refineries
i)
individual
ii)
corporate
Income payments made to suppliers of Agricultural
products
i)
individual
i)
individual
ii)
corporate
Subject to final withholding tax
1) On interest from bank deposits and yield or any other
monetary benefits from deposit subtitutes, trust fund
or similar arrangements:
i)
From bank deposits
- Individual
Page 4 of 15
15%
10%
10%
1%
1%
1%
5%
5%
1%
1%
1%
1%
20%

December 31, 2004
ATC
WC161
- Corporate
From Treasury Bills and Other Government
Securities
- Individual
- Corporate
iii) From deposit substitutes, trusts funds and other
similar
similararrangements
arrangements
- Individual
- Corporate
On foreign currency deposits
- Resident-Individual
- Resident-Corporate
On interest on foreign currency loans payable to
non-resident foreign corporations
Interest on income and other income on foreign
currency transactions/loans payable to OBUs
Withholding Tax on Income Payment to FCDUs
On dividend payments of domestic corporation to
i) citizens or resident aliens
TAX RATES
20%
ii)
WI162
WC162
WI163
WC163
2)
WI170
WC170
WC180
3)
WC190
4)
WC191
5)
6)
WI202
WI203
- cash
- property
ii) non-resident foreign corporations
WC212
WC213
WC222
WC223
WI224
WI225
WI226
- cash
- property
iii) non-resident foreign corporations whose
countries
countriesallow
allowtax-deemed
a tax-deemed
paid
paid
credit
credit
of of
20%
20%
for 1997,
for 1997,
19% 19%
for 1998
for 1998,
18% for
18%
1999,
for 1999,
& 17%&
17%
thereafter
thereafter
(subject
(subject
to tax to
sparing
tax sparing
rule) rule)
- cash
- property
iv) non-resident alien engaged in trade or business
(NRAETB)
- cash
- property
v) share of a non-resident alien (NRA) individual in
the distributable net income after tax of a
partnership (except a GPP) of which he is a
partner, or the share of NRA individual in the net
income after tax of an association, a joint
account, or joint venture taxable as a
corporation of which he is a member or a coventurer
On payments to non-resident foreign corporation not
engage in trade or business in the Philippines
WC230
7)
WI240
8)
On profit share of individual partners in a taxable

partnerships, association, a joint account, or a
joint venture or consortium
WI250
9)
Other royalties paid to citizens, resident aliens and

non-resident aliens engaged in trade or business in
the Philippines
Page 5 of 15
20%
20%
20%
20%
7.5%
7.5%
20%
10%
10%
6% - 1998
8% - 1999
10% - 2000 & thereafter
34% - 1998
33% - 1999
15%
15%
20%
20%
20%
34% - 1998
33% - 1999
6% - 1998
8% - 1999
20%
20%

December 31, 2004
ATC
WC250
WI260
WC280
WC290
WC300
WI310
WC310
WI320
WI330
WI340
WC340
WI341
WI 350
WC350
WI380
WI410
WC410
WC390
WI440
WI441
WI442
WC440
WI450
WC450
10) On royalties paid to domestic and resident foreign
corporation (juridical persons)
11) On prizes exceeding P10,000 and other winnings
paid to citizens, resident aliens and NRAETB
12) On branch profits remittances by all corporations
except PEZA/SBMA/CDA registered
13) On gross rentals, lease or charter fees payable to
non-resident owner or lessor of
i) vessels
ii) aircraft, machineries, and other equipment
14) On payments to oil exploration service contractors
and subcontractors (OESS)
i) individual (non-resident alien individual engaged
in trade or business in the Philippines)
ii) corporate (non-resident foreign corporate
engage in trade or business in the Philippines)
15) On payments to alien individual employed by OBUs,
Foreign Petroleum Service Contractors and
Subcontactors by, Regional or Area Headquarters
and Regional Operating Headquarters of multinational
companies including its Filipino employees occupying
the same position
16) On payments to non-resident alien individuals not
engaged in trade or business w/in the Philippines
(dividends, royalties, etc.)
17) On payments to non-resident cinematographic film
owner, lessor or distributor
- individual (non-resident alien individual engaged
in trade or business in the Philippines)
- corporate (non-resident foreign corporate
engaged in trade or business in the Philippines)
18) On royalties paid to non-resident alien engaged in
trade or business (NRAETB) on cinematographic
films and similar works
19) Other income subject to final withholding tax (On
interest or other payments in tax-free covenant,
bonds, mortgages, deeds of trust or other
obligations)
- Individual
- Corporate
20) On royalties paid to citizens, resident aliens and nonresident alien engaged in trade or business
(NRAETB) on books, other literary works and musical
composition
21) Informer's Reward to Persons Instrumental in the
Discovery of Violations of the NIRC and in the
Discovery and Seizure of Smuggled Goods
- Individual
- Corporate (juridical persons)
22) On interest payments to taxpayers enjoying
preferential tax rates (i.e. PEZA Registered
Enterprises)
23) On interest income from long-term deposit in the form
of savings trust funds, deposit substitutes which
was pre-terminated by the holder before the 5th year
individual
corporate
24) Income Payments on Capital Gains Tax
- On sale/exchange or other disposition of real
property
Individual
- On the sale/exchange or other disposition of land
and
building - Corporate
Page 6 of 15
TAX RATES
20%
20%
15%
4.5%
7.5%
8%
8%
15%
25%
25%
25%
25%
30%
30%
10%
10% of the reward

10% of the reward
5%
20%
12%
5%
20%
6%
6%

December 31, 2004
ATC
WF320
WF330
WF360
II.
ES010
DN010
III.
VM010
VM020
VM030
VM040
VM050
VM100
VM110
VM120
VM130
VM140
VM150
VM160
VC010
VD010
VQ010
VT010
VS010
VB010
VB100
VB101
VB102
VB105
VB106
VB107
VB108
VB109
VB111
VB112
VB113
VP100
VP101
VP102
VH010
VI010
25) On Fringe Benefits Paid to Employees Other than

Rank and File
i) On Payments to alien individual employed by:
- Regional or Area Headquarters and
Regional Operating Headquarters of
multinational companies
- OBUx of a foreign bank established in the
Philippines
- Foreign Petroleum Service Contractors and
Subcontractors engaged in petroleum
operations in the Philippines
- Filipinos therein employed occupying the
same position as those occupied by the
alien employee
ii)
On payments to non-resident alien individuals
not engaged in trade or business in the
Philippines
iii) On Payments to employees (except rank and
file) of fringe benefits based on the grossed up
monetary value
TAX ON TRANSFERS OF PROPERTY
A. Estate Tax
B. Donor's Tax
VALUE-ADDED TAXES
A. On manufacturing
1. In General
2. Food, Products & Beverages
3. Cement
4. Tobacco
5. Flour
6. Pesticides
7. Alcohol
8. Petroleum
9. Automobiles
10. Non Essentials (Exciseable)
11. Pharmaceuticals
12. Sugar
B. On construction
C. Compulsory Social Security Public Administration and Defense
D. Mining and Quarrying
E. On wholesale and retail trade
F. On storage and warehousing
G. On business services
1. In general
2. Hotels, Motels, etc.
3. Restaurants, caterers
4. Dealers on securities/lending investors
5. Operators of common carriers with respect to transport cargo:
a) land based (road freight)
b) domestic ocean-going vessel
c) inter-island shipping vessel
d) aircraft
6. Franchise Holders:
a) telephone/telegraph
b) radio/television broadcasting whose annual gross
receipts of the preceding year exceed P10,000,000
c) other franchises
7. Non-life insurance companies
8. Property
a) sale of real property
b) lease of real property
c) sale/lease of intangible property
H. On community, personal & household services
I.
On importation of goods
Page 7 of 15
TAX RATES
15%
25%
34% - 1998
33% - 1999
5% - 20%
2% -15% (relative-donee)
30% (stranger-donee)
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%

December 31, 2004
ATC
VS062
J.
VS210
VS111
WV010
WV020
WV030
WV040
WV050
IV.
PT010
PT040
PT041
PT060
PT070
PT090
PT101
PT102
PT103
PT111
PT112
PT120
PT130
PT131
PT132
On services rendered by persons engaged in the practice of

profession or calling and professional services rendered by
general professional partnerships.
K. On services rendered by stock, real estate, commericial, customs,
insurance and immigration brokers
L. On services rendered by banks, non-bank financial intermediaries,
finance companies and other financial intermediaries not
performing quasi-banking functions
M. Withholding of Creditable VAT
1. Government Money Payments
a) On Purchase of Goods
b) On Services Rendered by Contractors
c) Government Public Work Contractors
d) Lease or use of properties or property rights to
non-resident owners
2. Lease or use of properties or property rights to non-resident
owners (private)
PERCENTAGE TAXES
A. Tax on persons exempt from value-added tax (VAT)
B. Tax on domestic carriers and keepers of garages
C. Percentage Tax on International Carriers
D. Tax on franchises
1. On gross payments to electric, gas and water utilities
2. Tax on Franchises on radio and/or television broadcasting
companies whose annual gross receipt of the preceding year
does not exceed P10,000,000
E. Tax on overseas dispatch, message or conversation originating
from the Philippines
F. Tax on banks and non-bank financial intermediaries
1. On interest, commissions and discounts paid to banks and
non-bank financial intermediaries arising out of lending
activities as well as financial leasing, on the basis of the
remaining maturities of the instrument
2. On dividends
3. On royalties, rentals of property, real or personal, profits
from exchange and all other gross income
G. Tax on finance companies
1. On interest, discounts and other items of gross income paid
to finance companies and other financial intermediaries not
performing quasi-banking functions
2. On interest, commissions and discounts paid from their loan
transactions from finance companies as well as financial
leasing based on the remaining maturities of the instruments
H. Tax on life insurance premiums
I.
Tax on agents of foreign insurance companies
J.
K.
PT140
PT150
PT160
PT170
PT180
L.
PT200
PT201
PT202
PT210
M.
N.
WB030
Owners of Property Obtaining Insurance Directly with

Foreign Insurance Companies
Amusement taxes
1. cockpits
2. cabarets, night or day clubs
3. boxing exhibitions
4. professional basketball games
5. Jai-Alai & race tracks
Tax on sale, barter or exchange of shares of stock
1. Listed and traded through the local stock exchange
2. Sale or exchange through initial public offering
3. Exchange through secondary public offering
On services rendered by stock, real estate, commercial
customs, insurance and immigration brokers
Withholding tax on Business
1. Tax on carriers and keepers of garages
Page 8 of 15
TAX RATES
10%
10%
10%
3%
6%
8.5%
10%
10%
3%
3%
3%
2%
3%
10%
5%,3%,1%,0%
0%
5%
5%
5%,3%,1%,0%
5%
10%
5%
5%
18%
18%
10%
15%
30%
1/2 of 1%
1%,2%,4%
1%,2%,4%
7%
3%

December 31, 2004
ATC
2.
WB040
WB050
WB070
WB080
WB090
WB301
WB302
WB303
WB304
WB102
WB103
WB111
WB311
WB312
WB313
WB314
WB120
WB121
WB130
WB140
WB150
WB160
WB170
WB180
WB191
WB192
WB193
WB194
WB200
WB201
WB202
WB203
V.
XA010
XA020
Tax on franchises
a) On electric utilities, gas and water supplies
b) Tax on Franchises on radio and/or television
broadcasting companies whose annual gross receipt of
the preceding year does not exceed P10,000,000
3. Tax on life insurance premiums
4. Person exempt from VAT under Sec. 109(Z)
5. Tax on overseas dispatch, message or conversation
originating from the Philippines
6. Tax on banks and non-bank financial intermediaries
a) On interest, commissions and discounts paid to banks
and non-bank financial intermediaries arising out of
lending activities as well as financial leasing, on basis of
the remaining maturities of the instrument
1) Short term maturity (not in excess of 2yrs.)
2) Medium term maturity (over 2yrs- 4yrs.)
3) Long term maturity (over 4yrs- 7yrs.)
4) Over 7 yrs.
b) On dividends
c) On royalties, rentals of property, real or personal, profits
from exchange and all other gross income
7. Tax on finance companies
a) On interest, discounts and other items of gross income
paid to finance companies and other financial
intermediaries not performing quasi- banking functions
b)
On interest, commissions and discounts paid from their
loan transactions from finance companies as well as
financial leasing based on the remaining maturities of the
instruments
1) Short term maturity (not in excess of 2yrs.)
2) Medium term maturity (over 2yrs- 4yrs.)
3) Long term maturity (over 4yrs- 7yrs.)
4) Over 7 yrs.
8. Tax on agents of foreign insurance companies
a) Premium paid to insurance agents; not authorized
b) Premium payments obtained directly w/ foreign
companies; owner of the property
9. Percentage Tax on International Carriers
10. Amusement taxes
a) cockpits
b) cabarets, night or day clubs
c) boxing exhibitions
d) professional basketball games
e) Jai-Alai & race tracks
11. Tax on winnings and prizes paid by racetrack operators
a) Government withholding agent
b) Government withholding agent
c) Private withholding agent
d) Private withholding agent
12. Tax on sale, barter or exchange of shares of stock
a) Listed and traded through the local stock exchange
b) Sale or exchange through initial and public offering
1) not over 25%
2) over 25% but not exceeding 33 1/3%
3) over 33 1/3%
EXCISE TAXES
A. Alcohol
1. Distilled spirits produced from the sap of nipa, coconut,
cassava, camote or buri palm or from the juice, syrup or sugar
of the cane, provided such materials are produced
commercially in the country where they are processed into
distilled spirits.
2. Distilled spirits produced in a pot still or other similar primary
distilling apparatus producing not more than one hundred (100)
liters a day; containing not more than fifty percent (50%) of
alcohol by volume.
TAX RATES
Page 9 of 15
2%
3%
5%
3%
10%
5%
3%
1%
0%
0%
5%
5%
5%
3%
1%
0%
10%
5%
3%
18%
18%
10%
15%
30%
4%, 10%
4%
10%
4%
10%
1/2 of 1%
4%
2%
1%
P8.96/proof liter
P4.48/proof liter

December 31, 2004
ATC
3.
XA061
Distilled spirits from raw materials other than the sap of nipa,
coconut, cassava, camote, or buri palm or from the juice,
syrup, or sugar of the cane; the tax shall be levied in
accordance w/ the net retail price per bottle of 750 ml
volume capacity (excluding the excise tax & the VAT) as
follows:
a) less than P250
b) P250 up to P675
c) more than P675
Medicinal preparations, flavoring extracts and all other
preparations where distilled spirits form the chief ingredient
Beer, lager beer, ale, porter and other fermented liquor except
tuba, basi, tapuy and similar domestic fermented liquors with
net retail price per liter of volume capacity (excluding
excise tax and VAT)
a) less than P14.50
b) P14.50 up to P22
c) more than P22
Sparkling wines/champagne regardless of proof if the net
retail price per bottle (excluding the excise tax and the VAT) is:
a) P500 or less
XA062
b)
XA031
XA032
XA033
XA040
4.
5.
XA051
XA052
XA053
6.
more than P500
XA070
7.
Still wines containing 14% of alcohol by volume or less
XA080
8.
XA090
9.
Still wines containing more than 14% but not more than 25%
of alcohol by volume
Fortified wines containing more than 25% of alcohol by volume
B.
XT010
XT020
XT030
XT040
XT050
XT060
Tobacco
1. Smoking tobacco and other partially manufactured tobacco
2. Chewing tobacco
3. Cigars
4. Cigarettes packed by hand
5. Cigarettes packed by machine, with net retail price (excluding
the excise tax and the VAT) of more than P10 per pack
6. Cigarettes packed by machine, with net retail price (excluding
the excise tax & the VAT) of more than P6.50 but does not
exceed P10 per pack
TAX RATES
P84/proof liter
P168/proof liter
P336/proof liter
tax as distilled
spirits
P6.89/liter
P10.25/liter
P13.61/liter
P112/ liter of volume

capacity
P336/liter of volume
capacity
P13.44/liter of volume
capacity
P26.88/liter of volume
capacity
tax as distilled
spirits
P0.75/kg
P0.60/kg
P1.12/cigar
P0.40/pack
P13.44/pack
P8.96/pack
XT070
7.
Cigarettes packed by machine, with net retail price

(excluding the excise tax & the VAT) of P5 but does not
exceed P6.50 per pack
P5.60/pack
XT130
8.
P1.12/pack
XT080
XT090
XT100
9.
10.
11.
XT110
12.
XT120
13.
Cigarettes packed by machine, with net retail price

(excluding the excise tax and the VAT) of less than P5 per
pack
Tobacco inspection fee for each thousand cigars
Tobacco inspection fee for each thousand cigarettes
Tobacco inspection fee per kg of leaf tobacco or fraction
thereof
Tobacco inspection fee per kg of scraps and other
manufactured tobacco products
Add'l imported blending tobacco inspection and monitoring fee
XP010
XP020
XP030
C.
Petroleum Products
1. Lubricating oils
2. Greases
3. Processed gas
XP040
XP050
XP060
XP070
XP080
4.
5.
6.
7.
8.
P0.50
P0.10
P0.02
P0.03
leaf - 2 cent./kilo
partially manufacture
(scrap & strips) 3 cent./kilo
P4.50/L
P4.50/kg
P0.05/Liter of
Waxes and petrolatum

Denatured alcohol used for motive power
Unleaded Premium Gasoline
Leaded Premium gasoline
Regular gasoline and other similar products of distillation
Page 10 of 15
volume capacity
P3.50/kg
P0.05/L
P4.35/L
P5.35/L
P4.80/L

December 31, 2004
ATC
XP090
XP100
XP110
XP120
XP130
XP131
XP140
XP150
XP160
XP170
XP180
XP190
D.
XG021
XG022
XG023
XG024
9. Naphtha and other similar products of distillation

10. Naphtha to be used as raw materials for petro-chemicals or as
replacement fuel for natural-gas-fined-combined cycle power
plant
11. Aviation gasoline
12. Aviation turbo jet fuel
13. Kerosene
14. Kerosene used as aviation fuel
15. Diesel fuel and similar fuel oils having more or less the same
generating power
16. Liquefied petroleum gas used for motive power
17. Liquefied petroleum gas
18. Asphalts
19. Bunker fuel oil, and on similar fuel oils having more or less the
same generating power
20. Basestocks for lube oils and greases, high vacuum distillates,
aromatic extracts and other similar preparations, and additives
for lubricating oils and greases whether such additives are
petroleum based or not.
Miscellaneous Articles and Non-essential Goods
1. Passenger cars with net manufacturers/importers selling
price of up to P 600,000
price of over P 600,000 to P 1.1 million
price of over P 1.1 million to P 2.1 million
4.
Passenger cars with net manufacturers/importers selling

price of over P 2.1 million
TAX RATES
P4.80/L
P0.00/L
P4.80/L
P3.67/L
P0.60/L
P3.67/L
P1.63/L
P1.63/L
P0.00/L
P0.56/kg
P0.30/L
P4.50/L for lubricating
oils
P4.50/kg for greases
2%
P12,000 plus 20% of the
value in excess of P600,000
value in excess of
P1,100,000
value in excess of
P2,100,000
XG031
5.
Utility vehicles with net manufacturers/importers selling price
2%
up to P 600,000
XG032
6.

of over P 600,000 to P 1.1 million
XG033
7.

of over P 1.1 million to P 2.1 million

value in excess of
P1,100,000
XG034
8.

of over P 2.1 million

value in excess of
P2,100,000
XG041
9.
Passenger vans with net manufacturers/importers selling
2%
price of up to P 600,000
XG042
10. Passenger vans with net manufacturers/importers selling

price of over P 600,000 to P 1.1 million
XG043

price of over P 1.1 million to P 2.1 million

value in excess of
P1,100,000
XG044

price of over P 2.1 million

value in excess of
P2,100,000
XG051
13. Pick-ups with net manufacturers/importers selling price of up
2%
to P 600,000
XG052
14. Pick-ups with net manufacturers/importers selling price of

over P 600,000 to P 1.1 million
XG053

over P 1.1 million to P 2.1 million

value in excess of
P1,100,000
XG054

over P 2.1 million

value in excess of
P2,100,000
XG061
17. Others with net manufacturers/importers selling price of up to
2%
P 600,000
XG062
18. Others with net manufacturers/importers selling price of over

P 600,000 to P 1.1 million

Page 11 of 15

December 31, 2004
ATC
XG063
P 1.1 million to P 2.1 million
TAX RATES
value in excess of
P1,100,000
XG064

P 2.1 million
XG100
DS010
DS100
21. Jewelry whether real or imitation, pearls, precious and

semi-precious stones, and imitations thereof; goods made of or
ornamented mounted or fitted with precious metals or
imitations thereof or ivory; opera glasses and lorgnettes.
22. Perfumes and toilet waters
23. Yachts and other vessels intended for pleasure or sports
E. Mineral and Mineral Products
1. Coal and coke
2. Non-metallic minerals and quarry resources
3. Gold and chromite
4. Copper and other metallic minerals
5. Indigenous petroleum
F. Locally extracted natural gas and liquefied natural gas
DOCUMENTARY STAMP TAXES
A. In General
B. Debentures and Certificate of Indebtedness
DS101
C.
Original Issue of Shares of Stock
D.
Sales, Agreements to Sell, Memoranda of Sales, Deliveries or Transfer

of Due-Bills, Certificates of Obligation, or Shares or Certificates of Stock
XG110
XG120
XM010
XM020
XM030
XM040
XM050
XM051
VI.
DS102
DS125
1.
2.
In case of stock with par value

In case of stock without par value
Bonds, Debentures, Certificates of Stock or Indebtedness Issued

in Foreign Countries
Certificates of Profits or Interest in Property or Accumulations

value in excess of
P2,100,000
20%
20%
20%
P10.00/mt
2%
2%
1%, 1 1/2%, 2%
3%
2%
P1.50 on each P200,

or fractional part
thereof
P2.00 on each P200, or
fractional part thereof,
fractional part thereof
P1.50 / P 200 par value
25% of DST paid on
original issue
fractional part thereof,
P1.50
DS103
E.
DS104
F.
DS105
G.
DS106
H.
DS107
I.
Bank Checks, Drafts, Certificates of Deposit not Bearing Interest

and Other Instruments
All Bonds, Loan Agreements, Promissory Notes, Bills of
Exchange, Drafts, Instruments and Securities Issued by the Gov't
or Any of itsInstrumentalities, Deposit Substitute Debt Instruments,
Certificates Of Deposits Bearing Interest and Others Not Payable
on Sight or Demand
Acceptance of bill of exchange and others
DS108
J.
Foreign Bills of Exchange and Letters of Credit
DS109
K.
Life insurance policies
DS110
L.
Policies of Insurance Upon Property
DS111
M.
Fidelity Bonds and Other Insurance Policies

P0.50 on each P4.00, or
DS112
N.
Policies of Annuities and Pre-Need Plans

1. On all policies of annuities, or other instrument whereby an
annuity may be made, transferred or redeemed
2.
On pre-need plans
DS113
O.
Indemnity bonds
DS114
DS115
P.
Q.
Certificates
Warehouse Receipts


of the amount of
premium collected

on annuity
on pre-need plans
P15.00
P15.00
Page 12 of 15

December 31, 2004
ATC
DS116
R.
Jai-alai, Horse Race Tickets , Lotto or Other Authorized Numbers

Games
DS117
S.
Bills of Lading or Receipts
DS118
DS119
DS120
T.
U.
V.
Proxies
Powers of attorney
Leases and Other Hiring Agreements
DS121
W.
Mortgages, Pledges & Deeds of Trust
DS122
X.
Deeds of Sale and Conveyances of Real Property
TAX RATES
P0.10, if the cost of the
ticket exceeds P1.00, an
additional tax of P0.10
on every P1.00, or
fractional part
thereof
P1.00 if the value of
such goods exceeds
P100 but does not exceed
P1,000; P10.00, if the
value exceeds P1,000
P15.00
P5.00
P3.00 for the first
P2,000,or fractional
part thereof, & an addt'l
P1.00 for every P1,000
or fractional part
thereof in excess of the
first P2,000 for each
year of the term of the
contract or argreement
P20.00 when the amount
secured does not exceed
P5,000; P10.00 on each
P5,000, or fractional
part thereof in excess
of P5,000
P15.00 when the
consideration does not
exceed P1,000.00
for each additional
thousand pesos or a
in excess of P1,000 - P15
Y.
DS130
Charter Parties and Similar Instruments if gross tonnage is:

1. 1,000 tons and below
DS131
2. 1,001 to 10,000 tons
DS132
DS124
OT010
OT012
MC010
MC020
MC030
MC031
MC032
MC033
MC034
MC035
MC040
MC050
Z.
over than 10,000 tons
Assignments and Renewals of Certain Instruments
VII. OTHER TAXES UNDER SPECIAL LAWS

A. Philippine Amusement and Gaming Corporation (PAGCOR)
B. Others (Please specify Special Law)
VII. MISCELLANEOUS TAXES/OTHER REVENUE SOURCES
A. Tax Amnesty on Income Tax
1. Individual taxpayers
2. Corporate taxpayers
B. Compromise Payments on Delinquent Accounts and Disputed
Assessments
C. Deficiency Tax
D.
Miscellaneous Taxes / Other Revenue Sources
1.
All revenues collected through the Voluntary Assessment
Program: Income Tax, Improperly Accumulated Earnings Tax,
Value-Added Tax, Percentage Tax, Excise Tax, Documentary
Stamp Tax, Withholding Tax
2. All revenues collected through the Voluntary Assessment
and Abatement Program (VAAP):
a) Income Taxes
b) Value-Added Taxes
c) Excise Taxes
E. Other Revenue Sources
1. Income from forfeited properties
2. Proceeds from resale of real estate taken for taxes
Page 13 of 15
1st 6 months P 500 in

excess + P 50
1st 6 months P 1,000 in
excess + P 100
1st 6 months P 1,500 in
excess + P 150
same as orig.
instrument
5%
-
10%, 40%
-

December 31, 2004
ATC
MC060
F.
Energy Tax on Excess Electric Power Consumption
G.
On the revenue collected through the Expanded Voluntary

Assessment and Abatement Program
1. Withholding Tax on Compensation
2. Expanded Withholding Tax
3. Final Withholding Tax (in general)
4. Withholding Tax on Banks & Other Financial Institutions
5. Withholding Tax on Fringe Benefits
6. Withholding Tax - PT on Winnings & Prizes
7. Withholding Tax on Sale/Transfer/Barter or Other Disposition
of Real Property Classified as Capital Asset
8. Capital Gains Tax on Sale/Transfer/Barter or Other Disposition
of Real Property Classified as Capital Asset
9. Capital Gains Tax on Sale/Transfer/Barter or Other Disposition
of Shares of Stock Not Traded Through the Local Stock
Exchange
10. Improperly Accumulated Earnings Tax
11. Percentage Tax (Quarterly)
12. Percentage Tax (Monthly)
13. Value-Added Tax and Other Percentage Tax Withheld
14. Percentage Tax - Stocks (IPO)
15. Percentage Tax - Stocks
16. Estate Tax
17. Donor's Tax
18. Documentary Stamp Tax
19. Tax Under Special Laws
20. Accrued Penalties
TIN Card Fees
Centennial Voluntary Payment
Registration fee for VAT/non-VAT taxpayers
Travel Taxes
MC070
MC071
MC072
MC073
MC074
MC075
MC076
MC077
MC078
MC079
MC080
MC081
MC082
MC083
MC084
MC085
MC086
MC087
MC088
MC089
MC090
MC100
MC180
MC190
H.
I.
J.
K.
MC200
MC210
L.
M.
MC220
MC230
MC240
N.
O.
P.
Q.
MC250
MC251
MC252
MC253
MC254
MC255
MC256
MC257
MC258
MC259
MC260
MC261
MC262
Other Miscellaneous Taxes

Advance payment of Value Added Tax on the Sale of Refined
Sugar
Advance payment of Value Added Tax on Privilege Store
Advance payment of Income Tax on Privilege Store
Advance payment of Percentage Tax on Privilege Store
Third Party Information Program
1. Income Tax
2. Value-Added Tax
3. Excise-Ad Valorem
4. Excise-Specific
5. Withholding Tax-Compensation
6. Withholding Tax-Expanded
7. Withholding Tax-Final
8. Withholding Tax-Banks and Other Financial Institution
9. Withholding Tax Fringe Benefits
10. Withholding Tax PT on Winnings and Prizes
11. Withholding Tax Others (One-time transaction not subject to
capital gains tax) [Sale/transfer or exchange of real properties
other than capital assets]
12. Withholding Tax VAT and Other Percentage Taxes
13. Capital Gains Tax Real Property (Sales, Exchange or Other
Disposition of Real Property Classified as Capital Asset)
Page 14 of 15
TAX RATES
P0.10 per kilowatt-hour
in excess of 650
kilowatt-hours
P35.00 plus P0.20 per
kilowatt-hour in excess
of 1,000 kilowatthours
P135.00 plus P0.35 per
kilo-watt hour in excess
of 1,500 kilowatt-hour
P 500.00/ year
P 2,700 for
1st class passage
P 1,620 for
economy class passage
-

December 31, 2004
ATC
MC263
MC264
MC265
MC266
MC267
MC268
MC269
MC270
MC271
MC272
MC273
MC280
FP010
FP020
FP030
FP040
FP041
FP042
FP050
FP051
FP060
FP070
FP071
FP080
FP090
FP100
FP110
FP120
FP130
14. Capital Gains Tax Stocks (Sales, Exchange or Other Disposition

of Shares of Stock)
15. Improperly Accumulated Earnings Tax
16. Percentage Tax Quarterly
17. Percentage Tax Monthly
18. Percentage Tax Stock (IPO)
19. Percentage Tax Stocks
20. Estate Tax
21. Donors Tax
22. Documentary Stamp Tax
23. Tax under Special Laws
24. Accrued Penalties
R. Advance Payment of Value-Added Tax on Sale of Flour*
VIII. FINES AND PENALTIES
A. On Tax on Income
B. On Tax on Transfer of Property
C. On Value-Added Tax
D. On Monthly Other Percentage Taxes
E. On Quartely Other Percentage Taxes
F. On Stock Transaction
G. On Excise Taxes
H. On Excise Specific
I.
On Documentary Stamp taxes
J.
On Miscellaneous Taxes
K. On Energy Tax
L. Penalties imposed on public officers
L.
M.
N.
O.
P.
Q.
FP140
FP141
FP150
FP160
FP170
FP180
R.
S.
T.
U.
FP190
V.
Other Fines and Penalties

On Capital Gains
On Compensation
On Final Withholding Tax
On Expanded Withholding Tax
Government Money Payments
1. Quarterly
2. Monthly
Gross Receipts Tax
Estate Tax
Donors Tax
Withholding on Real Property/Motor Vehicles not subject to
Capital Gains
Registration Fee
FP930
FP200
W.
X.
Inspection Fee
Violation of Registration and Invoicing Requirement
Page 15 of 15
TAX RATES
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
Fine of not less than
P50,000 but not more
than P100,000 & suffer
imprisonment of not less
than 10 years but not
more than 15 years &
shall likewise suffer an
additional penalty of
perpetual disqualification to hold public office,
to vote, & to participate
in any public election
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%
25%; 50%

Handbook On Alphanumeric Tax Codes (Atc) of Revenue Sources: December 31, 2004

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HANDBOOK ON ALPHANUMERIC TAX CODES (ATC) OF REVENUE SOURCES

December 31, 2004

Other Income (Not Compensation or Business Income or

Premium and Annuity

Transportation contractors for the Carriage of Goods and

Interest not subject to withholding

Prizes amounting to P10,000 or less

Other Fixed and Determinable Gains, Profit and Loss

Partner's distributive share from the net income of the

Corporate Income Tax

Non-Stock Non-profit Organization

Non-stock, Non-profit Hospitals

National Government and Local Government Units