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Comparison for Income Tax Rates in the Philippines Graduated IT Rates vs 8% IT Rate (With Sample Computations)

Comparison for Income Tax Rates in the Philippines – Graduated IT Rates vs 8% IT Rate (With Sample Computations)

Due to the RMC 60-2020 of the Bureau of Internal Revenue, many non-registered sellers and freelancers are called to register and pay taxes. There are Graduated Income Tax Rates, na base lang sa taxable, and 8% Income Tax Rates. This article is for those people or business whose gross sales or receipts (wala pang expenses

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