Under Philippine law, the same income tax rates apply for individual aliens having resident status. ... Royalties except on books as well as other literary works and musical compositions shall be imposed a final tax of 10 percent. ... is imposed upon alien individuals employed by multinational companies, offshore banking units, or petroleum service contractors. ... The modified gross income tax scheme weeds out unnecessary deductions for fixed income earners who are entitled only toanbsp;...
|Title||:||Yearbook of Philippine Statistics|
|Author||:||Philippines. Bureau of the Census and Statistics|