Professional Documents
Culture Documents
Passenger
Goods
CCT
VAT
VAT
VAT
VAT
VAT
Minimum
Quarterl
y
Minimum
Monthly
65,700
32,900
21,900
10,967
98,600
32,867
164,200
54,733
197,200
65,700
98,600
65,700
82,100
49,300
32,867
21,900
27,367
16,434
OPT
5%
1%
0%
7%
7%
5%
5%
1%
Rat
e
18%
10%
15%
30%
12.Tax on winnings
Winnings in horse races -----------------------------------------------10% of the
winnings or dividends
Winning from double, forecast/quinella and trifecta bets-----4% of the
winnings
Owners of winning horses---------------------------------------------10% of the prizes
13.Tax on sale, barter or exchange of shares of stock listed and traded through
the local stock exchange or through initial public offering
.05% based on the gross selling price or gross value in money of the stocks
sold, bartered, exchanged or otherwise disposed of.