Percentage Tax Value Added Tax

1. Sale or importation of agri and marine Exempt Exempt

FOOD products in their ORIGINAL
state (for HUMAN consumption and
BREEDING stock)
• Food for animals not producing food 3M and below above 3M
for humans (fighting cook, race horses)
• Raw cane sugar and molasses Exempt Exempt
• Refined sugar 3M and below above 3M
• Lamayo (marinated fish) 3M and below above 3M
2. Sale or importation of fertilizers, seeds, Exempt Exempt
seedling and fingerlings
• Specialty feeds 3M and below above 3M
3. Importation of PERSONAL and Exempt Exempt
HOUSEHOLD effects belonging to
resettling RC and NRC
4. Importation of professionals Exempt Exempt
instruments and implements….etc. of
returning OFW
5. Services Specifically subject to OPT Exempt
percentage tax.
• Domestic carriers and keeper of garages 3% Exempt
• International carriers 3% Exempt
• Franchises 2%, 3% Exempt
• Overseas dispatch 10% VAT – local calls
• Bank and non-bank financial 5%, 3%, 7% Exempt
intermediaries
• Other non-bank financial intermediaries
• Life Insurance premiums 2% Exempt
• Agents of foreign insurance companies 4%, 5% Exempt
• Amusement Taxes 30%, 18%, 15%, Exempt
10%
• Winnings 10%, 4%, 10% Exempt
• Sale of barter of LISTED stocks 0.006% Exempt
6. Services by Agricultural contract Exempt Exempt
growers and milling of palay, corn grits
and sugar cane
• Growing, preparing and packaging of Exempt Exempt
hogs/chicken all done by 1 TP
• Preparing and packaging done 3M and below above 3M
independently of growing
7. Medical, dental, hospital and veterinary Exempt Exempt
services except those rendered by
professionals
• Laboratory Services Exempt Exempt
• Sales of hospitals and clinics which 3M and below above 3M
operate own pharmacy and drugstore
• Entire medical bills of IN-PATIENTS Exempt Exempt
(lab, meds, doctor’s fee)
• Sales of hospital’s/ clinic’s pharmacy to 3M and below above 3M
OUT- PATIENTS
• Hospital drugstores selling directly to 3M and below above 3M
IN- PATIENTS
• Medical professional fees of medical 3M and below above 3M
practitioner’s who are not under
employee-employer relationship
8. Educational services rendered by Exempt Exempt
PRIVATE education institutions duly
 ACCREDITED by CHED, TESDA and
DepED
• Review centers and accredited seminar Exempt Exempt
providers (CHED), if not vatable
9. Services rendered by individuals with Exempt Exempt
employer-employee relationship
• Job order (JO) personnel and contract of 3M and below above 3M
services (COS) personnel
10. Services rendered by Regional Head Exempt Exempt
Quarters of multinational corps
11. Transactions exempt under Exempt Exempt
INTERNATIONAL
12. Sale of AGRICULTURAL COOPS Exempt Exempt
registered with CDA
• own produce (processed/original state) Exempt Exempt
sold to members/non-members
• NOT own produce sold to members Exempt Exempt
• NOT own produce sold to non- Exempt Exempt
members (agri-products/original state)
13. Gross receipts from lending activities Exempt Exempt
by CREDIT/MPC duly registered with
CDA
• MPC lending money Exempt Exempt
• MPC on sales/services OTHER than 3M and below above 3M
lending money
14. Sale of NON-agri, NON-electric, NON- Exempt Exempt
credit < or equal 15,000
• >15,000 3M and below above 3M
• Receipts from members/non-members 3M and below above 3M
15. EXPORT sales by NON-VAT reg. Exempt Exempt
person
• Non-vat registered Exempt Exempt
• VAT- registered Exempt 0%
16. Sale of R/P classified as CAPITAL Exempt Exempt
ASSETS
• Sale of RP/Ordinary Assets 3M and below above 3M
• Sale of RP utilized for social housing Exempt Exempt
• Sale of house and lot with SP 3,199,200 Exempt Exempt
and below
• Sale of house and lot more than Exempt VAT
3,199,200
• Sale of adjacent R/L, 1,919,500 and Exempt 2021 Exempt prior 2021
below
• More than 1.919,500 3M and below Above 3M
• Sale of condominium unit valued at Exempt Exempt
3,199,200 and below
• Sale of condominium unit valued at Exempt 12%
more than 3,199,200
• Sale of parking lot (condo) 3M and below Above 3M
• Sale of parking lot/business 3M and below Above 3M
establishments (commercial)
17. Lease of Residential Units Exempt Exempt
• Monthly rental per unit 15,000 , annual Exempt Exempt
3M and below
• Monthly rental per unit 15,000 , above Exempt Exempt
3M
• Monthly rental per unit is more than 3% Exempt
15,000, annual 3M and below
• Monthly rental per unit is more than Exempt 12%
15,000, annual 3M and above
• Lease of commercial units 3M and below above 3M
• SEVERAL residential units, 15K and 3M and below above 3M
below
• SEVERAL residential units, above 15K 3M and below above 3M
18. Sale, printing, importation of books, Exempt Exempt
magazines
• Hardprint Exempt Exempt
• Digital e-books 3M and below above 3M
19. Transport of PASSENGERS by Int’l Exempt Exempt
carriers
• CARGOES by Int’l carriers (air/sea) 3% Exempt
• PASSENGERS by Domestic carriers 3% 0%
abroad (air/sea)
• CARGOES by Domestic carriers 3% 0%
abroad (air/sea)
• PASSENGERS by Domestic carriers 3M and below VAT
within the Phil (air/sea)
• CARGOES by Domestic carriers w/in 3M and below above 3M
the Phil (air/sea)
• Transport PASSENGERS by Domestic 3% Exempt
carriers w/in the Phil. (BY LAND)
• Transport CARGOES by Domestic 3M and below above 3M
carriers w/in the Phil. (BY LAND)
20. Sale/Importation, lease of Exempt Exempt
passenger/cargo vessels (parts for
domestic and Int’l transport operations)
21. Importation of fuel, goods/supplies by Exempt Exempt
persons engaged in Int’l shipping/air
22. Sale of goods/services to senior citizens Exempt Exempt
PWD (certain items only)
23. Sale of Gold to BSP Exempt 0% prior to TRAIN
Law
24. Sale/Importation prescription drugs, Exempt Exempt
high cholesterol, cancer, tb, kidney, etc
• Sale to SC/PWD of the drugs Exempt Exempt
• Sale to NON-SC and NON-PWD of the Exempt Exempt
abovementioned drugs
• Sale to SC and PWD of some other Exempt Exempt
drugs
• Sale of non-SC and non-PWD of some 3M and below above 3M
other drugs
25. Saale/importation of COVID-19, parts, Exempt Exempt
drugs/services