D

An alien individual, whether a resident or not of the

Philippines, is taxable only on income derived from
sources within the Philippines;
E
A domestic corporation is taxable on all income
derived from sources within and without the

F
Philippines; and

A foreign corporation, whether engaged or not in

trade or business in the Philippines, is taxable only on
income derived from sources within the Philippines.
SEC. 24 – Tax on
Individuals
(TRAIN) Tax Reform for
Acceleration and Inclusion Law
Income Tax Rates

01 02
Rates of Income Tax on Rate of Tax on Certain
Individual Citizen and Passive Income
Individual Resident Alien
of the Philippines

03 04
Capital Gains from Sale Capital Gains from Sale
of Shares of Stock not of Real Property
Traded in the Stock
Exchange