What income payments are subject to Expanded Withholding Tax?

a) Professional fees / talent fees for services rendered by the following: – Those individually engaged in the practice of profession or callings such as lawyers,certified public accountants, doctors of medicine, architecs, engineers and all other professionals who have undergone licensure examinations regulated by the Professional Regulations Commission, Supreme Court, etc. – Professional entertainers such […]

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Tax Treatment of Fringe Benefits in the Philippines

By Vincent Perdiguez A company might give special benefits to its employees in addition to their basic salaries and wages. It may formulate new policies for the provision of such benefits to its employees, or the benefits may have been provided in the contract of employment. These additional benefits are called fringe benefits. Fringe benefits […]

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