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Showing 1–14 of 14 articles for “final withholding tax”

Philippine Taxation: Source of Income for Satellite Communication Services

Supreme Court rules satellite air time fees paid to non-resident foreign corporation are Philippine-sourced income subject to final withholding tax.

DST and GRT on Special Savings Accounts: Philippine Veterans Bank Ruling

The Supreme Court ruled special savings accounts are subject to documentary stamp tax and that final withholding taxes count toward gross receipts tax.

Withholding Tax Obligations: When Final Withholding Tax Becomes Due

Learn when final withholding tax obligations arise under Philippine tax law, based on a Supreme Court ruling on interest payments.

The 20-Lender Rule and Deposit Substitutes in Philippine Bonds Explained

The Supreme Court clarifies the 20-lender rule for deposit substitutes and the 20% final withholding tax on government bonds.

Clarifying Deposit Substitutes: The 20-Lender Rule and Tax Implications in Bond Transactions

The Supreme Court clarifies when treasury bonds qualify as deposit substitutes subject to 20% final withholding tax, and the limits of BIR ruling retroactivity.

Cooperative Members' Deposit Interest Exempt from Final Withholding Tax: DCCCO v. CIR

The Supreme Court ruled that cooperatives need not withhold 20% final tax on members' deposit interest, citing social justice.

Gross Receipts TAX Final Withholding TAX Inclusion IN Bank Income 2

PAL Tax Refund Case: Interpreting "In Lieu of All Other Taxes" in Franchises

Supreme Court ruling on PAL's franchise tax exemption and refund of final withholding tax on passive income.

Tax Exemptions for Philippine Airlines: Understanding the "In Lieu of All Other Taxes" Provision

The Supreme Court ruled that PAL's franchise tax option exempts it from all other taxes, including the 20% final withholding tax on bank deposits.

Gross Receipts TAX THE Inclusion OF Final Withholding TAX IN Banks Taxable Income

Gross Receipts Tax: Final Withholding Tax Included in Bank's Tax Base

Supreme Court rules 20% final withholding tax on bank passive income forms part of gross receipts for computing 5% gross receipts tax.

Gross Receipts TAX Inclusion OF Final Withholding TAX IN Bank Income

Gross Receipts Tax: When Withheld Interest Income Still Counts for Banks

Philippine Supreme Court ruling on whether the 20% final withholding tax on banks' passive income forms part of gross receipts for the 5% gross receipts tax.

Gross Receipts Tax on Banks Includes Withheld Interest Income

Supreme Court rules the 20% final withholding tax on interest income forms part of a bank's gross receipts for gross receipts tax purposes.