PHILIPPINE PORTS AUTHORITY December 14, 2022 MEMORANDUM FOR : All Port Managers The Acting Manager, Human Resource Management Department The Acting Manager, Controllership Department FROM : ‘The Manager, Treasury Department SUBJECT : REVISED WITHHOLDING TAX TABLE ON COMPENSATION Pursuant to Tax Reform for Acceleration and Inclusion (TRAIN) Law, please be guided with the Revised Withholding Tax Table on Compensation effective January 1, 2023 and onwards. ea coe to de ee vain recraneiaies | oy | cannarmas | mxsvmomoin | rauscaranzin | mesienemnsen | simromzisn ver 7 5 5 7 7 . comaame [rammnm | vowrm | ramorum | onmone | emacnnas | _ripnmnan reatanenion | oy | cunnaweunn | narocmowrmn | MmARCY | prresomoennae | rexsisesnommse® conn 7 7 5 1. 7 5 commie | 72% | mmer.mue | won | snmenie | snmemm | ommmsoe eatanimtns | gy | emt Trane | MRT | pumanemnsn | meen omar 7 7 7 7 7 . commintoe | PM | poen.enme | onmvnee | maso-rnie | masons | sinsrntnne remimmeog | gg | smatew | vimamanee | roumanoe | rauamonee | pasimonae = an ona i se cidANNUAL TAX TABLE EFFECTIVE DATE JANUARY 1, 2023 Se OrerbaensonoonneseerDesoponce | 4500+ atte ratsowP nA ‘Over 800,000.00 but not over ® 2,000,000.00 | ® 102,500.00 + 25% of the excess over ® 800,000.00 ‘Over ® 2,000,000.00 but not over ® 8,000,000.00 | 402,500.00 + 30% of the excess over P 2,000,000.00 ‘Over © 8,000,000.00 2,202,500.00 + 35% of the excess over P 8,000,000.00 For reference and appropriate action. Thank you. th Len/ EMERINA R. BILLONES mt