Inhabitant FOREIGN CORPORATIONS

Worldwide CARRIERS

Gross Philippine billings

Pxxx

Rate

2.5%**

Annual Tax

Pxxx

**NOTE:

➔ Worldwide transporters might profit of a lower charge rate (particular rate) or exclusion under
RA10378 based on:

◆ Charge Treaty

◆ Peaceful accord

◆ Correspondence - a n global transporter, whose nation of origin awards personal assessment

exception to Philippine transporters, will in like manner be excluded from annual expense

GROSS PHILIPPINE BILLINGS (GPB)

A. Worldwide Air Carriers

➔ alludes to the measure of gross income got from carriage of people, overabundance things, freight
and mail.

◆ Starting from the Philippines

◆ In a nonstop and continuous flight

◆ Independent of the spot of offer or issue and the spot of installment of the ticket or section of record

NOTE:

➔ Tickets are revalidated, traded and additionally embraced to one more worldwide carrier from part
of the GPB on the off chance that a traveler loaded onto a plane at a port or point in the Philippines.

➔ Flight which starts from the Philippines, however transhipment of traveler happens at any port
external the Philippines on another aircraft, just the aliquot piece of the expense of the ticket relating to
the leg flown from the Philippines to the mark of parcel will frame part of the GPB.

B. Worldwide Shipping

➔ Implies gross income whether for travelers, freight or mail starting from the Philippines up to
conclusive objective, paying little mind to
the spot of offer or installments of the section or cargo archives.

Pertinent INCOME TAX OF COMMON CARRIERS

Normal Carrier

Standard Income

Easy revenue

Capital Gains

Homegrown normal transporter

Higher: 20%/25% RCIT or 2% MCIT

Train Law: 30%

Make Act:

20% MSME 25% non-MSME

FWT

CGT

Worldwide Carriers (RFCs)

GR: 2.5% GPB

Particular % or Exempt based on deal or correspondence

FWT

CGT

NOTE:

➔ Easy revenue - on the specific automated revenue got from Philippine Source

➔ CAPITAL GAINS - marked down of portions of load of a non-recorded homegrown partnership and
genuine properties situated in the Philippines delegated capital resource

Global AIR CARRIERS MATRIX INTERNATIONAL AIR CARRIERS MATRIX

Without corresponding flight abroad

GPB completely in the Philippines

Starting from Philippines

With corresponding flight abroad

Same Carrier: GPB completely in the Philippines

Diverse Carrier: Aliquot part (Philippines to interfacing nation) is the GPB in the Philippines