Local Government of Quezon City
Local Government of Quezon City
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Philippine Corporate Tax PDF Print E-mail

Philippine Corporate Tax

Corporate income tax rate both for domestic and resident foreign corporations in Philippines is 30%, based on net taxable income.

Company tax is payable by domestic companies on all income derived from sources within and outside the Philippines. Foreign corporations, whether resident or nonresident, are taxable only on income derived from sources within the Philippines.

However, non-resident foreign corporations are, in certain circumstances, subject to a final withholding tax on passive (investment) incomes at rates generally higher than the applicable tax rates applying to domestic and resident foreign corporations. Resident companies are those that are created or organized under the laws of the Philippines or foreign companies duly licensed to engage in trade or business in the Philippines.

The corporate income tax rate both for domestic and resident foreign corporations is 30%. Excluded from the income tax are dividends received from domestic corporations; interest on Philippine currency bank deposit and yield or any other monetary benefit from deposit substitutes and from trust funds and similar arrangements; and other passive income previously subject to final taxes.

Interest income derived from the expanded foreign currency deposit is subject to a final tax of 7.5%. All other interest earned by domestic and resident foreign corporations is subject to a 20% final withholding tax.

Regional operating headquarters are taxed at 10% on taxable income.

Special economic zone enterprises duly registered with the Philippines Economic Zone Authority are taxed at the rate of 5% on gross income in lieu of national and local taxes, except real property tax. The term 'gross income' refers to gross sales or gross revenue derived from the business activity within the Ecozone, net of sales discount, sales returns and allowances, less the cost of sales or direct costs but before deduction is made for administrative expenses and incidental losses during the taxable period.

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Green Building Implementation
Update

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 - Implementation of Plastic  
 - Bag Reduction Ordinance
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Plastic and Styrofoam Ban
at City Hall & QC Facilities

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Recognition Awarded to QC for
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Implementation of Garbage
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Update:
List of of Establishments with Sanitary Permit for 2017



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GPPB Submission and Posting Requirements Important
Adopting a Registry System for Submission and Recording of Eligibility Requirements (INFRA)
Important
Resolution No. 013R - Registry System 2014
Important

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IMPORTANT

BID BULLETIN - 23-2014-November10-bidding
BID BULLETIN - no. 23-20144

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INVITATION TO BID (BRGY. DAMAR) - Oct 2016
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INVITATION TO BID (INFRA & GOODS)

January 2018 - INFRA New

December 2017 - INFRA New
November 2017 - INFRA New 
October 2017 - INFRA
September 2017 - INFRA
August 2017 - INFRA
July 2017 - INFRA
June 2017 - INFRA
May 2017 - INFRA
April 2017 - INFRA
March 2017 - INFRA
February 2017 - INFRA

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December 2017 - GOODS

November 2017 - GOODS

October 2017 - GOODS 

September 2017 - GOODS

August 2017 - GOODS

July 2017 - GOODS

June 2017 - GOODS
May 2017 - GOODS
April 2017 - GOODS
March 2017 - GOODS
February 2017 - GOODS
January 2017 - GOODS

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Bid Results

Bid Results (GOODS) - Q1 2017 New

Bid Results (INFRA) - Q1 2017 New

Bid Results (INFRA) FULL DISCLOSURE 2016

Bid Resluts (GOODS) FULL DISCLOSURE 2016

Bid Results (GOODS) - Q4 2016
Bid Results (INFRA) - Q3 2016

Bid Results (GOODS) - Q3 2016

Bid Results (INFRA) - Q1 2016  
Bid Results (GOODS) - Q1 2016

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Abstract of Bids

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List of Notice of Awards

PO-NOA 4th Quarter (GOODS) 2015 New

PO-NOA January (INFRA) 2016 New 

PO-NOA 2nd Quarter (INFRA) 2015 

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Notice to Commence


 

 

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Adoption of registry system 2013

Resolution #12-001R Important

 - "Providing for a Periodic Registration
Under the Registry System for Submission and Recording of Eligibility Requirements"

SEE ARCHIVES...