There will be zero withholding tax for the first P20,833 of the monthly compensation of employees, according to Sandra Aguinaldo's report on GMA News' State of the Nation on Tuesday. For those earning ...

The BIR prescribes the periodic withholding of regular income tax by means of Withholding Tax Tables, with progressive tax rates (five to 32 percent) based on income bracket.

Compensation received by officials employed by the United Nations, regardless of their nationality or place of residence, shall be not be subject to withholding taxes and exempt from Philippine ...

MANILA, Philippines Pending the release of a revenue regulation on the tax relief law, employers can get hold of the transitional withholding tax matrix from the Bureau of Internal Revenue (BIR). In a ...

The Bureau of Internal Revenue (BIR) has revised withholding tax rules in line with the Tax Reform for Acceleration and Inclusion (Train) Law that takes effect today. In Revenue Memorandum Circular ...