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    Sirci Ram
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    TAX RATES

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    Attribution Non-Commercial (BY-NC)
    Download as RTF, PDF, TXT or read online from Scribd
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    7 views1 page

    Tax Rates

    Uploaded by

    Sirci Ram

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as RTF, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    TAX RATES

    Effective January 1, 1998 to present

    Net Gift But not Over The Tax Plus Of the


    Over Shall be Excess Over

    P100,000.00 exempt
         
    100,000.00 200,000.00 0 2% 100,000.00

    200,000.00 500,000.00 P 2,000.00 4% 200,000.00

    500,000.00 1,000,000.00 14,000.00 6% 500,000.00

    1,000,000.00 3,000,000.00 44,000.00 8% 1,000,000.00

    3,000,000.00 5,000,000.00 204,000.00 10% 3,000,000.00

    5,000,000.00 10,000,000.00 404,000.00 12% 5,000,000.00

    10,000,000.00 and over 1,004,000.00 15% 10,000,000.00

    Notes:

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