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BATAS PAMBANSA BILANG. 135
BATAS PAMBANSA BLG. 135 - AN ACT AMENDING CERTAIN PROVISIONS OF  THE NATIONAL INTERNAL REVENUE CODE  OF 1977, AS AMENDED, AND FOR OTHER  PURPOSES

Section 1. Sec. 21 of the National Internal Revenue Code of 1977, as amended, is hereby further  amended to read as follows:  

"Sec. 21. Rates of tax on citizens or residents. — (a) On taxable compensation income. —  A tax is hereby imposed upon the taxable compensation  income as determined in Sec. 28 (a)  received during each taxable year from all sources by  every individual, whether a citizen of the  Philippines, determined in accordance with the following  schedule:

Not over P2,500 0%
Over P2,500  but not over P5,000 1%
Over P5,000  but not over P10,000 P25 + 3% of excess over P5,000
Over P10,000 but not over P20,000  P175 + 7% of excess over  P10,000
Over P20,000 but not over P40,000 P875 + 11% of excess over  P20,000
Over P40,000 but not over P60,000 P3,075 + 15% of excess over P40,000
Over P60,000 but not over P100,000 P6,075 + 19%  of excess over P60,000
Over P100,000 but not over P250,000 P13,657 + 24% of excess over P100,000
Over P250,000 but not over P500,000 P49,675 + 29% of excess over  P250,000
Over P500,000 P122,175 + 35% of excess over P500,000

"(b) On taxable net income. — A tax is hereby imposed upon the taxable net income as determined  in Sec. 29(a) received during each taxable  year from all sources by every individual, whether  a citizen of the Philippines, or an alien residing in the Philippines determined in accordance  with the following schedule:

Not over P10,000 5%
Over P10,000 but not over P30,000 P500 + 15% of excess over P10,000
Over P30,000 but not over P150,000 P3,500 + 30% of excess over P30,000
Over P150,000 but not over P500,000 P39,500 + 45% of excess over P150,000
Over P500,000 P197,000 + 60% of excess over P500,000

"(c) On royalties, prizes and other winnings. — Royalties, prizes (except prizes amounting  to Three thousand pesos or less which shall be  subject to tax under paragraph [b] and other  winnings (except Philippine Charity Sweepstakes winnings) received by citizens and resident alien  individuals shall be subject to a final tax at the rate of fifteen  per centum (15%) on the total amount thereof, which shall be collected and paid as  provided in Section s 53 and 54 of this Code.  

"(d) On interest from bank deposits and yield or any other monetary benefit from deposit  substitutes and from trust fund and similar arrangements. — Interest from Philippine Currency Bank deposits and yield or any other monetary benefit  from deposit substitutes and from trust fund and similar arrangements whether received by citizens  of the Philippines or by resident alien individuals,  shall be subject to the final tax as follows: (a)  fifteen  per centum (15%) of the interest on savings  deposits, and (b) twenty  per centum (20%) of  interest on time deposits and yield or any other  monetary benefit from deposit substitutes and from trust fund and similar arrangements, which shall  be collected and paid as provided in Sec. 53  and 54 of this Code: Provided, That no tax shall be imposed if the aggregate amount of the interest on  all Philippine Currency deposit accounts maintained  by a depositor alone or together with another in any one bank at any time during the  taxable period does not exceed One thousand pesos  (P1,000,000) a year or Two hundred fifty pesos  (250.00) per quarter: Provided, further, That if  the recipient of such interest is exempt from  income taxation, no tax shall be imposed and that,   if the recipient is enjoying preferential income tax  treatment, then the preferential tax rates so  provided shall be imposed.  

"(e) On dividends and share of individual partner in the net profits or taxable partnership. — Dividends received by an individual who is a  citizen of the Philippines or resident alien from a  domestic corporation and the share of an individual  partner in a partnership subject to tax under  Sec. 24 (a) shall be subject to a final tax at the rate of fifteen per centum (15%) on the total amount thereof, which shall be collected and paid  as provided in Section s 53 and 54 of this Code.

"(f) On adjusted gross income. — A tax is hereby imposed upon the adjusted gross income  derived by a non-resident citizen from all sources  without the Philippines during each taxable year  computed in accordance with the following  schedule:

If the amount subject to tax is:

Not over U.S.$6,000.00 1%
Over U.S.$6,000.00 but
not over U.S.$20,000.00 U.S. $60 plus   2%
of excess over
U.S. $6,000
Over U.S. $20,000 U.S. $340 plus 3%
of excess over
U.S. $20,000

For purposes of this paragraph, "adjusted gross income"  means the gross income from all sources without the  Philippines less the following:

"(1) An allowance for personal exemption in the amount of Two thousand dollars (U.S.  $2,000), if the person making the return is a single  or a married person legally separated from his or her spouse; or Four Thousand dollars (U.S.  $4,000), if the person making the return is married  or head of the family, as defined in Sec. 23 of  this Code and

"(2) The total amount of the national income tax actually paid to the government of the  foreign country of his residence.  

"Every non-resident citizen availing of the special rates provided herein is required to support  his declaration of gross income, exemption and  deductions claimed by attaching to his Philippine income  tax return a copy of the income tax return  he has filed with the government of the foreign  country of his residence."

Sec. 2. Sec. 22 of the said Code is hereby amended to read as follows:

"Sec. 22. Tax on non-resident alien individuals. — (a) Non-resident aliens engaged in trade or  business within the Philippines. (1) In general. — Non-resident aliens engaged in trade or business in  the Philippines shall be subject to tax in the same  manner as resident citizens and aliens on taxable  compensation income and/or other taxable net  income received from all sources within the  Philippines, except capital gains realized from buying  and/or selling shares of stock of Philippine corporations  listed in the dollar or any foreign currency  board of stock exchange: Provided, That for  purposes of this Title, a non-resident alien individual  who shall come to the Philippines and stay therein  for an aggregate period of more than one hundred  eighty days during any calendar year shall be  deemed a non-resident alien, doing business in the  Philippines, the provision of Sec. 20 (g) of this Code to the contrary notwithstanding.  

"(2) Dividend, share in the net profits of a taxable partnership, interest, royalties, prizes and  other winnings, etc. — Dividends from a domestic corporation, share in the net profits of a partnership  taxable under Sec. 24 (a), interest, royalties, (in any form) and prizes (except prizes  amounting to P3,000 or less which shall be subject  to tax under paragraph (b) of Sec. 21) and  other winnings (except Philippine Charity Sweepstakes  winnings), shall be subject to a final tax of  thirty  per centum (30%) on the total amount  thereof, which shall be collected and paid as  provided in Section s 53 and 54 of this Code.

"(b) Non-resident alien not engaged in trade or business within the Philippines. — There shall be levied, collected and paid for each taxable  year upon the entire income received from all  sources within the Philippines by every non-resident  alien individual not engaged in trade of business  within the Philippines as interest, dividends,  rents, salaries, wages, premiums, annuities, compensations,  remunerations, emoluments, or other  fixed or determinable annual or periodical or  casual gains, profits, and income, and capital gains  (except capital gains realized from buying and/or  selling shares of stock of Philippine corporations listed in the dollar or any acceptable foreign currency  board of any stock exchange), a tax equal to  thirty   per centum (30%) of such income.  

"(c) Aliens employed by regional or area headquarters of multinational corporations. — There shall be levied, collected and paid for each taxable  year upon the gross income received by every alien  individual employed by regional or area headquarters  established in the Philippines by multinational  corporations as salaries, wages, annuities, compensations,  remunerations and other emoluments, such  as honoraria and allowances, from such regional  or area headquarters a tax equal to fifteen per  centum (15%) of such gross income: Provided,  That the activities of the said regional headquarters  or area headquarters shall be limited to acting as  supervisory, communications and coordinating  center for their affiliates, subsidiaries or branches  of such multinational corporations. For purposes  of this chapter, the term 'multinational corporation' means a foreign firm or entity engaged in  international trade with affiliates or subsidiaries or  branch offices in the Asia Pacific Region.

"(d) Aliens employed by offshore banking units. — There shall be levied, collected and paid for each taxable year upon the gross income received  by every alien individual employed by offshore  banking units established in the Philippines as  salaries, wages, annuities, compensations, remunerations  and other emoluments, such as honoraria and  allowances, from such offshore banking units a tax  equal to fifteen   per centum (15%) of such gross  income.  

"(e) Aliens employed by petroleum service contractors and subcontractors. — Aliens who are permanent residents of a foreign country but who  are employed and assigned in the Philippines by  service contractors or by subcontractors engaged in  petroleum operations in the Philippines shall  be liable to a final income tax equal to fifteen   per centum (15%) of the salaries, wages, annuities,  compensations, remunerations and other  emoluments, such as honoraria and allowances,  received from such contractors or subcontractors.  Any income, earned from all other sources within  the Philippines by the said alien employees shall be  subject to the income tax imposed under the  National Internal Revenue Code."

Sec. 3. Sec. 23 of the said Code is hereby amended to read as follows:

"Sec. 23. Amount of personal exemptions allowable to individuals. — For the purpose of the tax provided in this Title, there shall be allowed in the nature of a deduction from the amount of gross compensation  income and/or net income, as the case may be, the  following personal exemptions:  

"(a) Personal exemption of a single individuals. — The sum of Three thousand pesos  (P3,000,00), if the person making the return is a  single person or a married person judicially decreed  as legally separated from his or her spouse.

"(b) Personal exemption of married persons or heads of family. — The sum of Six thousand pesos (P6,000,00), if the person making the return  is a married man or a married woman, or Four  thousand five hundred pesos (P4,500,00), if the  person making the return is the head of the family:  Provided, That only one exemption of six  thousand pesos (P6,000,00) shall be made from the  aggregate income of both husband and wife when  not legally separated. For the purposes of this section, the term "head of the family" means an unmarried man or woman with one or both parents,  or with one or more brothers or sisters, or with one  or more legitimate, recognized natural, or adopted   children living with and dependent upon him or  her for their chief support where such brothers,  sisters, or children are not more than twenty-one years of age, unmarried, and not gainfully employed, of where such children are incapable  of self-support because of mental or physical  defect.  

"(c) Additional exemption for dependents, — The sum of Two thousand pesos (P2,000,00) for each legitimate, recognized natural or adopted  child wholly dependent upon and living with the  taxpayer if such dependents are not more than  twenty-one years of age, unmarried, and not gainfully  employed or if they are incapable of self-support because of mental or physical defect. The additional exemption under this subsection  shall be allowed only if the person making the  return is either married or head of the family: Provided,  however, That the total number of dependents  for which additional exemptions may be  claimed shall not exceed four dependents: Provided, further, That an additional exemption of One thousand pesos (P1,000,00) shall be allowed for  each child who otherwise qualified as dependent  prior to January 1, 1980.

"In the case of individual who derives compensation  and other incomes, the amount of personal  and additional exemptions granted under this  section shall be deducted first from the gross  compensation income. Any excess thereof shall be  deducted from other income.  

"(d) Change of Status. — If the taxpayer is married or should have additional dependents as  defined in subsection (c) above during the taxable  year, the taxpayer may claim the corresponding personal and additional exemption, as the case may  be, in full for such year.

"If the taxpayer should die during the taxable  year, his estate may still claim the personal and additional exemptions for himself and his  dependents as if he died at the close of such year.

"If the spouse or any of the dependents  should die or if any of such dependents becomes  twenty-one years old during the taxable year, the taxpayer may still claim the same exemptions as if  they died, or if such dependents become twenty-one years old at the close of such year. 

"(e) Allowances for adjustment. — Upon the recommendation of the Minister of Finance, the President may not more often than once every  three years, adjust the personal and additional  exemptions taking into account, among others,  the movements in consumer price indices, levels  of minimum wages, and bare subsistence levels.

"(f) Personal exemptions allowable to non-resident alien individuals. — A non-resident alien individual engaged in trade or business in the Philippines  shall be entitled to personal exemption  in an amount equal to the exemptions allowed by  the income tax law of the country of which he is a  subject or citizen to citizens of the Philippines not  residing in such country, but not to exceed the  amount fixed in this section as exemption for  citizens or residents of the Philippines: Provided,  That said non-resident alien should file a true and  accurate return of the total income received by  him from all sources in the Philippines, as  required by this Title."  

Sec. 4. The title of Chapter IV is hereby amended to read as follows:

"Chapter IV. — Computation of taxable compensations income and taxable net income."

Sec. 5. Sec. 28 of said Code is hereby amended to read as follows:

"Sec. 28. Taxable compensation income. — (a) Computation. — For purposes of determining the tax prescribed in Sec. 21(a), "taxable compensation income" is gross compensation income as defined in paragraph (b) hereof, less the personal and additional  exemptions allowed under Sec. 23.  

"(b) "Gross compensation income" defined. — "Gross compensation income includes all income payments  received as a result of an employer-employee relationship  such as, salaries, wages, honoraria, bonuses, pensions,  allowances for transportation, representation, entertainment,  fees, (including director's fees) and other income  of similar nature, including compensation paid in kind: Provided, however, That payments made by a general  professional partnership to a partner for services  rendered shall not be considered as gross compensation income but as a partner's distributive share of ordinary  business income.

"(c) Exclusion from gross compensation income. — The following are excluded from the computation of  gross compensation income:

"(1) Actual, moral, exemplary and nominal damages received by the employees or his heirs  pursuant to a final judgment or compromise agreement  arising out of or related to an employer-employee relationship.

"(2) All items excluded under paragraphs  (c) (1) to (c) (8), inclusive of Sec. 29."

Sec. 6. Sec. 29 of said Code is hereby amended to read as follows:

"Sec. 29. Taxable net income. — (a) For purposes of determining the tax prescribed in Sec. 21(b) and  Sec. 24, "taxable net income" is gross income as defined in paragraph (b) hereof, less the deductions  allowed by Sec. 30 and, in the case of individuals,  the personal and additional exemptions allowed  under Sec. 23.

"(b) "Gross income" defined. — "Gross income" includes gains, profits, and income derived from professions,  vocations, trades, business, commerce, sales, or from dealings in property, whether real or personal, or  growing out of the ownership or use of property or any  interest therein; and from interest, rents, dividends,  securities, or the transactions of any business carried on  for gain or profit, or gains, profits and income of  whatever kind and in whatever form derived from any source: Provided, however, That gross compensation  income tax under this Title shall not be included in  "gross income". 

"(c) Exclusions from gross income. — The following items shall not be included in gross income and  shall be exempt from taxation under this Title:

"(1) Life Insurance. — The proceeds of life insurance policies paid to the heirs or beneficiaries upon the death of the insured, whether in a single sum or otherwise, but if such amounts are held by  the insurer under an agreement to pay interest  thereon, the interest payments shall be included in  gross income.

"(2) Amount received by insured as return of premium. — The amount received by the insured, as a return of premium or premiums paid by him  under life insurance, endowment, or annuity  contracts, either during the term or at the maturity of the term mentioned in the contract or upon surrender  of the contract.  

"(3) Gifts, bequests, and devises. — The value of property acquired by gift, bequest, devise, or  descent; but the income from such property shall  be included in gross income. 

"(4) Interest on Government securities. — Interest upon the obligations of the Government of the Republic of the Philippines or any political subdivisions thereof, but in the case of such obligations  issued after the approval of this Code, only to  the extent provided in the act authorizing the issue  thereof.

"(5) Compensation for injuries or sickness. — Amounts received, through Accident or Health  Insurance or under Workmen's Compensation Acts, as compensation for personal injuries or sickness,  plus the amount of any damages received whether  by suit or agreement on account of such injuries or  sickness.  

"(6) Income exempt under treaty. — Income of any kind, to the extent required by any treaty  obligation binding upon the Government of the  Philippines.

"(7) Retirement benefits, pensions, gratuities, etc. —

"(A) Retirement benefits received by officials and employees or private firms, whether  individual or corporate, in accordance  with a reasonable private benefit plan  maintained by the employer: Provided, That the  retiring official or employee has been in the  service of the same employer for at least ten  (10) years is not less than fifty years of age at  the time of his retirement: Provided, further, That the benefits granted under this  subparagraph shall be availed of by an official or  employee only once. For purposes of this  sub-section, the term "reasonable private benefit plan" means a pension, gratuity, stock bonus or profit-sharing plan maintained by an  employer for the benefit of some or all of his  officials or employees, wherein contributions  are made by such employer for officials and  employees, or both, for the purpose of  distributing to such officials and employees the  earnings and principal of the fund thus  accumulated, and wherein it is provided in said  plan that at no time shall any part of the  corpus or income of the fund be used for, or be  diverted to, any purpose other than for the  exclusive benefit of the said officials and employees.  

"(B) Any amount received by an official or employee or by his heirs from the employer  as a consequence of separation of such  official or employee from the service of the  employer due to death, sickness or other physical  disability or for any cause beyond the  control of the said official or employee.

"(C) The provisions of any existing law to the contrary notwithstanding, social security benefits, retirement gratuities, pensions  and other similar benefits received by resident  or non-resident citizens of the Philippines or  aliens who come to reside permanently in the Philippines from foreign government agencies  and other institutions, private or public.  

"(D) Payments of benefits due or to become due to any person residing in the  Philippines under the laws of the United States  administered by the United States Veterans  Administration.

"(E) Payments of benefits made under the Social Security Act of 1954, as amended.

"(F) Benefits received from the GSIS and the retirement gratuity received by  government officials and employees.

"(8) Miscellaneous items. — (A) Income received from their investments in the Philippines in  loans, stocks, bonds or other domestic securities  or from interest on their deposits in banks in the  Philippines by (1) foreign governments, (2) financing  institutions owned, controlled, or enjoying  refinancing from them, and (3) international or regional financing institutions established by  governments.

"(B) Income derived from any public utility or from the exercise of any essential governmental  function accruing to the Government of the  Philippines or to any political subdivision thereof.

"(C) Income derived as rewards under Republic Act Numbered Twenty-three hundreds and  thirty-eight, as amended by Presidential Decree No.  707.  

"(D) Interest earned from deposits maintained with a bank under the expanded foreign  currency deposit system."

Sec. 7. Sec. 30 of said Code is hereby amended to read as follows:

"Sec. 30. Deductions from gross income. — In computing net income there shall be allowed as  deductions. -

"(a) Expenses. — (1) Business expenses. — (A) In general. — All ordinary and necessary expenses pair or incurred during the taxable year in carrying on any trade or business, including a reasonable  allowance for salaries or other compensation for  personal services actually rendered; travelling expenses  while away from home in the pursuit of a trade,  profession or business, rentals or other payments  required to be made as a condition to the  continued use or possession, for the purpose of the  trade, profession or business, of property to which  the taxpayer has not taken or is not taking title or in which he has no equity.  

"(B) General requirements for entertainment amusement or recreation. — No deductions otherwise allowable under this paragraph shall be  allowed for any item —

"(i) Activity. — With respect to an activity which is of a type generally considered to  constitute entertainment, amusement, or recreation, unless the taxpayer establishes that  the item was directly related to, or, in the  case of an item was directly preceding or  following a substantial and bona fide business  discussion (including business meetings at a  convention or otherwise), that such item was associated with, the active conduct of the  taxpayer's trade, profession or business, or  

"(ii) Facility. — With respect to a facility used in connection with an activity referred  to in subparagraph (A), unless the taxpayer  establishes that the facility was used primarily  for the furtherance of the taxpayer's trade or business and that the item was directly related to the active conduct of such trade, profession  or business.

"For purposes of applying this subparagraph,  dues or fees paid to any social, athletic  or sporting club or organization shall be  treated as items with respect to facilities.

"In no case shall an entertainment,  amusement or recreational expense which is  contrary to law, public policy or for immoral  purposes be allowed as a deduction.

"(C) Substantiation required. — No deduction shall be allowed under the preceding subparagraph  (B) unless the taxpayer substantiates with official  receipts or by adequate records or by sufficient evidence  corroborating his own statement (i) the  amount of such expense or other item, (ii) the date and place of entertainment, amusement, or recreation,  (iii) the professional or business purpose of  the expense or other items and (iv) the professional or business relationships, to the taxpayer of the persons entertained or using the facility. The Minister  of Finance may by regulations provide that some  or all of the requirements in the preceding sentence  shall not apply in the case of an expense which does  not exceed an amount prescribed pursuant to such  regulations.

"(2) Expenses allowable to non-resident alien individuals and foreign corporations. — In the case of a non-resident alien individual or a foreign corporation, the expenses deductible are the necessary expenses paid or incurred in carrying on any  business or trade conducted within the Philippines  exclusively.  

"(3) Expenses allowable to private educational institutions. — In addition to the expenses allowable as deductions under paragraph (1) of this  subsection, a private educational institutions,  whether stock or non-stock, shall also be allowed  to deduct during the taxable year when they incurred  expenses for the expansion of school facilities  to be determined by rules and regulations issued  jointly by the Ministries of Education and Culture  and of Finance.

"(b) Interest:

"(1) In General. — The amount of interest paid or accrued within a taxable year on indebtedness incurred in connection with the taxpayer's  profession, trade, or business, except on indebtedness  incurred or continued to purchase or carry  obligations the interest upon which is exempt from  taxation as income under this Title: Provided, however,  That interest on deposits paid by authorized  agent banks of the Central Bank of the Philippines  to depositors shall be allowed as a deduction only  if it is shown that the tax on such interest was  withheld and paid in accordance with the provisions  of Section s 53 and 54 of this Code.  

"(2) Interest allowable to non-resident aliens. — In the case of a non-resident alien individual or a foreign corporation, the amount of  interest allowable in the proportion of the amount of  interest paid within the year on indebtedness, except on indebtedness incurred or continued to  purchase or carry obligations, the interest upon which is wholly exempt from taxation as income  under this Title, which the gross amount of income  for the year derived from sources within the  Philippines bears to gross amount of income derived  from all sources within and without the Philippines;  but this deduction shall be allowed only if  such non-resident alien individual or foreign  corporation includes in the return required by this  Title all the information necessary for its  calculation.  

"(3) No deduction shall be allowed in respect of interest otherwise deductible under the  preceding subparagraphs —

"(A) If within the taxable year an individual taxpayer reporting income on the cash basis incurs an indebtedness on which an interest is paid in  advance through discount or otherwise: Provided,  however, That such interest shall be allowed as a  deduction in the year the indebtedness is paid:  and Provided, further, That if the indebtedness is  payable in periodic amortization, the amount of  interest which corresponds to the amount of the  principal amortized or paid during the year shall be  allowed as deduction in such taxable year.  

"(B) If both the taxpayer and the person to whom the payment has been made or is to be made  are persons specified within any one of the  paragraphs of subsection (b) of Sec. 31.

"(C) If the indebtedness is incurred to finance petroleum exploration.

"(c) Taxes:

"(1) In general. — Taxes paid or accrued within the taxable year in connection with the taxpayer's  profession, trade or business, except -

"(A) The income tax provided for under this Title;

"(B) Income, war-profits, and excess-profits taxes imposed by authority of any foreign country;  but this deduction shall be allowed in the case of a  taxpayer who does not signify in his return his  desire to have to any extent the benefits of  paragraph (3) of this subsection (relating to credits  for taxes of foreign countries);  

"(C) Estate and gift taxes;

"(D) Taxes assessed against local benefits of a kind tending to increase the value of the property  assessed; and

"(E) Electric energy consumption tax imposed by Batas Pambansa Blg. 36.

"(2) Limitations on deductions. —

"(A) In the case of a non-resident alien individual and a foreign corporation, the deductions  for taxes provided in paragraph (1) of this  subsection (c) shall be allowed only if and to the extent that they are connected with income from  sources within the Philippines; and

"(B) In the case of a citizen of a foreign country residing in the Philippines whose income  from sources within such foreign country is not  taxable under this Title, only that portion of the taxes paid to such foreign country which corresponds  to his net income taxable under this Title  shall be allowed as deduction.  

"(3) Credit against tax for taxes of foreign countries. — If the taxpayer signifies in his return his desire to have the benefits of this paragraph, the  tax imposed by this Title shall be credited with —

"(A) Citizen and domestic corporation. — In the case of a citizen of the Philippines and of a  domestic corporation, the amount of any income,  war-profits, and excess-profits taxes paid or  accrued during the taxable year to any foreign  country;

"(B) Alien resident of the Philippines. — In the case of an alien resident of the Philippines, the  amount of any such taxes paid or accrued during  the taxable year to any foreign country; if the  foreign country of which such alien resident is a  citizen or subject, in imposing such taxes allows  a similar credit to citizens of the Philippines  residing in such country; and  

"(C) Partnerships and estates. — In the case of any such individual who is a member of a general  professional partnership or a beneficiary of an  estate or trust, his proportionate share of such  taxes of the general professional partnership or  the state or trust paid or accrued during the  taxable year to a foreign country, if his  distributive share of the income of such partnership  or trust is reported for taxation under this Title.

"(D) Non-resident aliens and foreign corporations. — Non-resident alien individuals and foreign corporations shall not be allowed the credits against the tax for the taxes of foreign countries  allowed under this paragraph.

"(4) Limitations on credit. — The amount of the credit taken under this section shall be subject  to each of the following limitations:

"(A) The amount of the credit in respect to the tax paid or accrued to any country shall not  exceed the same proportion of the tax against  which such credit is taken, which the taxpayer's  net income from sources within such country  under this Title bears to his entire net income for the  same taxable year; and  

"(B) The total amount of the credit shall not exceed the same proportion of the tax against  which such credit is taken, which the taxpayer's  net income from sources without the Philippines  taxable under this Title bears to his entire net  income for the same taxable year.

"(5) Adjustments on payments of accrued taxes. — If accrued taxes when paid differ from the amounts claimed as credits by the taxpayer, or if any tax paid is refunded in whole or in part, the  taxpayer shall notify the Commissioner of  Internal Revenue, who shall redetermine the amount of the tax for the year or years affected, and the  amount of tax due upon such determination, if  any, shall be paid by the taxpayer upon notice and  demand by the Commissioner, or the amount of  tax overpaid, if any, shall be credited or refunded to the taxpayer. In the case of such a tax accrued  but not paid, the Commissioner as a condition  precedent to the allowance of this credit may require  the taxpayer to give a bond with sureties satisfactory  to and to be approved by the Commissioner   in such sum as he may require, conditioned upon the payment by the taxpayer of any amount of tax found due upon any such redetermination.  The bond herein prescribed shall contain such  further conditions as the Commissioner may require.

"(6) Year in which credit taken. — The credits provided for in paragraph (3) of this  subsection may, at the option of the taxpayer  and irrespective of the method of accounting  employed in keeping his books, be taken in  the year in which the taxes of the foreign country accrued, subject, however, to the  conditions prescribed in paragraph (5) of this  subsection. If the taxpayer elects to take such  credits in the year in which the taxes of the  foreign country accrued, the credits for all  subsequent years shall be taken upon the  same basis, and no portion of any such taxes  shall be allowed as a deduction in the same or  any succeeding year.  

"(7) Proof of credits. — The credits provided in paragraph (3) of this subsection shall  be allowed only if the taxpayer establishes to  the satisfaction of the Commissioner (1) the  total amount of income derived from sources  without the Philippines, (2) the amount of  income derived from each country, the tax  paid or accrued to which is claimed as a credit  under said paragraph, such amount to be  determined under rules and regulations prescribed  by the Minister of Finance, and (3) all  other information necessary for the verification  and computation of such credits.

"(8) Taxes of foreign subsidiary. — For the purposes of this subsection a domestic  corporation which owns a majority of the  voting stock of a foreign corporation from  which it receives dividends in any taxable year  shall be deemed to have paid the same proportion  of any income, war-profits, or excess-profits taxes paid by such foreign corporation to any foreign country, upon or with respect  to the accumulated profits of such foreign  corporation from such dividends were paid  which the amount of such dividend bears to  the amount of such accumulated profits;  Provided, That the amount of tax deemed to  have been paid under this subsection shall in  no case exceed the same proportion of the tax  against which credit is taken which the  amount of such dividends bears to the  amount of the entire net income of the  domestic corporation in which such dividends  are included. The term "accumulated profits" when used in this subsection in reference to a foreign corporation, means the amount of its  gains, profits, or income in excess of the  income, war-profits, and excess-profits taxes imposed upon or with respect to such profits  or income; and the Commissioner of Internal  Revenue shall have full power to determine  from the accumulated profits of what year or  years such dividends were paid, treating  dividends paid in the first 60 days of any year as  having been paid from the accumulated profits  of the preceding year or years (unless to  his satisfaction shown otherwise), and in  other respects treating dividends as having  been paid from the most recently accumulated  gains, profits, or earnings. In the case of a foreign corporation, the income, war-profits,  and excess-profits taxes of which are  determined on the basis of an accounting period  of less than one year, the word "year" as used  in this subsection shall be construed to mean  such accounting period.

"(9) Taxes of shareholder paid by corporation. — The deduction for taxes allowed by subsection  (c) shall be allowed to a corporation in the  case of taxes imposed upon a shareholder of the  corporation upon his interest as shareholder which  are paid by the corporation without reimbursement  from the shareholder, but in such cases no  deduction shall be allowed the shareholder for the  amount of such taxes.  

"(d) Losses:

"(1) By individuals. — In the case of an individual, losses actually sustained during the taxable  year and not compensated for by insurance or otherwise.

"(A) If incurred in trade, profession, or business: Provided, however, That a loss representing  the excess over the income, of allowable expenses and other deductions directly or approximately attributable or related to the production or earning  of such income from a particular line of business or  activity, shall not be allowed as a deduction from  or offset against income derived from other  sources: Provided, further, That a net operating  loss sustained in a particular line of profession,  business or activity within three years after the  commencement of such business or activity may,  in a manner prescribed by regulations promulgated  by the Minister of Finance, be carried over as a  deduction from the income derived from the same  particular line of business or activity for two (2)  consecutive years immediately following the year  such loss was sustained, or  

"(B) If incurred in any transaction entered into for profit, though not connected with the  trade or business. The Minister of Finance, upon  recommendation of the Commissioner of Internal  Revenue, is hereby authorized to promulgate rules  and regulations prescribing, among other things,  the time and manner by which the taxpayer shall  submit a declaration of loss sustained from casualty of from robbery, theft, or embezzlement  during the taxable year: Provided, however, That  the time limit to be so prescribed in the regulations  shall not be less than 30 days nor more than 90  days from the date of the occurrence of the  casualty or robbery, theft, or embezzlement giving rise to the loss.  

"(2) By corporation. — In the case of a corporation, all losses actually sustained and charged off within the taxable year and not compensated  for by insurance or otherwise.

"(3) By non-resident aliens of foreign corporations. — In the case of a non-resident alien individual  or foreign corporation, the losses deductible  are those actually sustained during the year incurred  in business or trade conducted within the  Philippines, and losses actually sustained during the year in transactions entered into for profit in the  Philippines although not connected with their  business or trade, when such losses are not  compensated for by insurance or otherwise. The Minister of Finance, upon recommendation of the Commissioner of Internal Revenue, is hereby authorized  to promulgate rules and regulations prescribing, among other things, the time and manner by  which the taxpayer shall submit a declaration of  loss sustained from casualty or from robbery,  theft, or embezzlement during the taxable year:  Provided, however, That the time to be so prescribed  in the regulations shall not less than 30  days nor more than 90 days from the date of the  occurrence of the casualty or robbery, theft, or  embezzlement giving rise to the loss.  

"(4) Capital losses. —

"(A) Limitation. — Losses from sales or exchange of capital assets shall be allowed only to  the extent provided in Sec. 34.

"(B) Securities becoming worthless. — If any securities as defined in Sec. 20 becomes worthless  during the taxable year and are capital assets,  the loss resulting therefrom shall, for the purposes  of this Title, be considered as a loss from the sale  or exchange, on the last day of such taxable year,  or capital assets.  

"(5) Losses on wash sales of stock or securities. — Losses on "wash sales" of stock or securities  as provided in Sec. 33.

"(6) Wagering losses. — Losses from wagering transactions shall be allowed only to the extent of  the gains from such transactions.

"(7) Abandonment Losses. — (A) In the event a contract area where petroleum operations are  undertaken is partially or wholly abandoned, all  accumulated exploration and development expenditures  pertaining thereto shall be allowed as a  deduction: Provided, however, That accumulated  expenditures incurred in that area prior to January  1, 1979, shall be allowed as a deduction only from  any income derived from the same contract area. In all cases, notices of abandonment shall be filed  with the Commissioner of Internal Revenue.  

"(B) In case a producing well is subsequently abandoned, the unamortized costs thereof, as well  as the undepreciated costs of equipment directly  used therein shall be allowed as a deduction in the  year such well, equipment or facility is abandoned  by the contractor; Provided, however, That if such  abandoned well is reentered and production is   resumed, or if such equipment or facility is restored  into service, the said costs shall be included as part  of gross income in the year of resumption or  restoration and shall be amortized or depreciated, as  the case may be.

"(e) Bad Debts:

"(1) In general. — Debts due to the taxpayer actually ascertained to be worthless and charged  off within the taxable year except those not  connected with profession, trade or business and those  sustained in a transaction entered into between  parties mentioned under subsection (b) of Sec. 31 of this Code.

"(2) Bad debts deductible by non-resident aliens or foreign corporations. — In the case of a non-resident alien individual or a foreign corporation,  bad debts are deductible if they have arisen in  the course of business or trade conducted within  the Philippines and actually ascertained to be  worthless and charged off within the year.  

"(3) Securities becoming worthless. — If any securities as defined in Sec. 20 are ascertained  to be worthless and charged off within the taxable  year and are capital assets, the loss resulting therefrom  shall, in the case of a taxpayer other than a  bank of trust company incorporated under the  laws of the Philippines a substantial part of whose  business is the receipt of deposits, for the purpose  of this Title, be considered as a loss from the sale  or exchange, on the last day of such taxable year  of capital assets.

"(f) Depreciation:

"(1) In general. — A reasonable allowance for deterioration of property arising out of its use or  employment in the profession, business or trade,  or out of its not being used: Provided, That when the allowance authorized under this subsection  shall equal the capital invested by the taxpayer  or, in case of purchase made prior to March first,  nineteen hundred and thirteen, the fair market  value as of that date, no further allowance shall  be made. In the case of property held by one  person for life with remainder to another person,  the deduction shall be computed as if the life  tenant where the absolute owner of the property  and shall be allowed to the life tenant. In the  case of property held in trust, the allowable  deduction shall be apportioned between the income  beneficiaries and the trustees in accordance with  the pertinent provisions of the instrument creating  the trust, or, in the absence of such provisions,  on the basis of the trust income allowable to each.  

"(2) Depreciation of properties used in petroleum operations. — An allowance for depreciation in respect to all properties directly related to  production of petroleum initially placed in service in a  taxable year under the straight-line or double- declining balance method of depreciation at the  option of the service contractor. However, of the  service contractor initially elects the double-declining method, it may, at any subsequent date, shift to the straight-line method. The useful  life of properties used in or related to production  of petroleum shall be ten (10) days or such shorter  life as may be permitted by the Commissioner of  Internal Revenue.  

"Properties not used directly in the production  of petroleum shall be depreciated under the  straight-line method on the basis of an estimated  useful life of five (5) years.

"(3) Depreciation deductible by non-resident aliens of foreign corporations. — In the case of a non-resident alien individual or foreign corporation,  a reasonable allowance for the deterioration  of property arising out of its use or employment or its non-use in the business or trade shall be  permitted only when such property is located  within the Philippines.  

"(g) Depletion of oil and gas wells and mines:

"(1) In general. — In the case of oil and gas wells and mines, a reasonable allowance for depletion or amortization computed in accordance with  the cost depletion method shall be granted under rules and regulations to be prescribed by the  Minister of Finance: Provided, That when the allowance shall equal the capital invested no  further allowance shall be granted: Provided,  further, That after production in commercial  quantities has commenced, certain intangible  exploration and development drilling costs  (i) shall be deductible in the year incurred if such expenditures are incurred for on-producing  wells or (ii) shall be deductible in  full in the year paid or incurred or, at the election of the election of the taxpayer, may be capitalized and amortized, if such expenditures  incurred are for producing wells in the same contract area.

"Intangible costs in petroleum operations  refer to any costs incurred in petroleum operations  which in itself has no salvage value and which  is incidental to and necessary for the drilling of  wells and preparation of wells for the production  of petroleum: Provided, That said cost shall not  pertain to the acquisition or improvement of  property of a character subject to the allowance for  depreciation except that the allowances for the depreciation on such property, shall be deductible  under this subsection.

"Any intangible exploration, drilling and  development expenses allowed as a deduction in  computing taxable income during the year shall not be  taken into consideration in computing the adjusted  cost basis for the purpose of computing allowable  cost depletion.

"(2) Election to deduct exploration and development expenditures. — In computing taxable income, the taxpayer may, at his option, deduct  exploration and development expenditures accumulated  as cost or adjusted basis for cost depletion  as of January 1, 1978, as well as exploration and  development expenditures paid or incurred during  the taxable year: Provided, That the total amount  deductible for exploration and development expenditures  shall not exceed twenty-five  per centum (25%) of the net income from mining operations  computed without the benefit of any tax incentives  under existing laws. This subparagraph shall  not apply to expenditures for the acquisition or  improvement of property of a character which is   subject to the allowance for depreciation under  Sec. 30 (f) (1) of this Code but the allowance  for depreciation thereon shall be treated as  expenditure.  

"The election by the taxpayers to deduct the  exploration and development expenditures is  irrevocable and shall be binding in succeeding taxable years.

"In no case shall this paragraph apply with  respect to amounts paid or incurred for the exploration  and development of oil and gas. The term   "exploration expenditures" means expenditures  paid or incurred for the purpose of ascertaining the  existence, location, extent, or quality of any  deposit of ore or other mineral, and paid or incurred  before the beginning of the development state of  the mine or deposit. The term "development expenditures" means expenditures paid or incurred during the development stage of the mine or other  natural deposits. The development stage of a mine  or other natural deposit shall begin at the time  when deposits or ore or other minerals are shown to exist in sufficient commercial quantity and  quality and shall end upon commencement of  actual commercial extraction.

"(3) Depletion of oil and gas wells and mines deductible by a non-resident alien individual  or foreign corporation. — In the case of a non-resident alien individual or a foreign corporation, allowance  for depletion of oil and gas wells or mines  under paragraph (1) shall be authorized only in  respect to oil and gas wells or mines located within  the Philippines.  

"(h) Charitable and other contributions. —

"(1) In general. — Contributions or gifts actually paid or made within the taxable year to or  for the use of the Government of the Philippines or  any of its agencies or any political subdivision  thereof for exclusively public purposes, or to  domestic corporations or associations organized and operated exclusively for religious, charitable, scientific  youth and sports development, cultural or  educational purposes or for the rehabilitation of  veterans, or to social welfare institutions, no part  of the net income of which inures to the benefit  of any private stockholder or individual to an  amount not in excess of six  per centum (6%) in  the case of an individual, and three  per centum (3%) in the case of a corporation, of the taxpayer's taxable net income as computed without the benefit of  this and the following subparagraphs.  

"(2) Contributions deductible in full. — Notwithstanding the provisions of the preceding subparagraph, donations to the following institutions  or entities shall be deductible in full:

"(A) Donations to the Government. — Donation to the Government of the Philippines or to any of its agencies or political subdivisions including  fully-owned government corporations exclusively  to finance, to provide for, or to be used in undertaking priority activities in education, health, youth and sports development, human settlements, science and culture, and in economic development  according to a national priority plan to be  determined by the NEDA, in consultation with  appropriate government agencies, including its regional development councils, and private philanthropic persons and institutions: Provided, however, That  any donation which is made to the Government or  to any of its agencies or political subdivisions not in accordance with the said annual priority plan  shall be subject to the limitations prescribed in  subparagraph (1) of this Section .

"(B) Donations to certain foreign institutions or international organizations. — Donations to foreign institutions or international organizations  which are fully deductible in pursuance of or in  compliance with agreements, treaties, or  commitments entered into by the Government of the  Philippines and the foreign institutions or international  organizations or in pursuance of special laws.  

"(C) Donations to certain private foundations. — The term "private foundation" means a non-profit domestic corporation;

"(i) Organized and operated exclusively for scientific, research, education, character-building and youth and sports development, health, social  welfare, cultural or charitable purposes, or a  combination thereof, no part of the net income of  which inures to the benefit of any private  individual;

"(ii)   Which, not later than the 15th day of the third month after the close of the foundation's  taxable year in which contributions are received,  makes utilization directly for the active conduct of  the activities constituting the purpose or function  for which it is organized and operated, unless an  extended period is granted by the Minister of  Finance in accordance with the rules and regulations  to be promulgated.

"(iii) The level of administrative expense of which shall on an annual basis conform with the  rules and regulations to be prescribed by the Minister  of Finance but in no case to exceed thirty   per centum (30%) of total expenses;

"(iv) The assets of which in the event of dissolution would be distributed to another non-profit domestic corporation organized for similar purpose or purposes, or to the State for a public  purpose, or would be distributed by a court to  another organization to be used in such manner  as in the judgment of said court will best  accomplish the general purpose for which the dissolved  organization was organized.  

"Subject to such terms and conditions as may  be prescribed by the Minister of Finance, the term  "utilization" means:

"(i) Any amount in cash or in kind (including administrative expenses) pair or utilized to   accomplish one or more purposes for which the  private foundation was created or organized.

"(ii) Any amount paid to acquire an asset used (or held for use) directly in carrying out one  or more purposes for which the foundation was  created or organized.

"An amount set aside for a specific project  which comes within one or more purposes of the foundation may be treated as a utilization, but  only if, at the time such amount is set aside, the  private foundation establishes to the satisfaction of  the Commissioner of Internal Revenue that the  amount will be paid for the specific project within  a period to be prescribed in regulations to be  promulgated by the Minister of Finance, but not to  exceed 5 years, and the project is one which can be  better accomplished by setting aside such amount  than by immediate payment of funds. The Minister  of Finance shall promulgate rules and regulations  to implement this subparagraph.  

"(3) Valuation. — Properties other than cash donated shall be valued in accordance with the  rules and regulations prescribed by the Minister of  Finance, in consultation with the appropriate  government agencies.

"(4) Proof of deductions. — Contributions or gifts shall be allowable as deductions only if verified  under the regulations prescribed by the Minister of  Finance.  

"(i) Conditions under which a non-resident alien individual may receive benefit of deductions. — A non-resident alien individual engaged in trade or business in the Philippines shall reserve the  benefit of the deductions provided for in this section  only by filing or causing to be filed with the  Commissions of Internal Revenue a true and accurate return of his total income, received from all  sources, corporate or otherwise in the Philippines,  in the manner prescribed by this Code; and in case  of his failure to file such return the Commissioner  of Internal Revenue shall collect the tax on such  income.

"(j) Pension trusts. — General rule. — An employer establishing or maintaining a pension trust  to provide for the payment of reasonable pensions  to his employees shall be allowed as a deduction  (in addition to the contributions to such trusts  during the taxable year to cover the pension  liability accruing during the year, allowed as a  deduction under subsection (a) of this section) a  reasonable amount transferred or paid into such trust  during the taxable year in excess of such contributions, but only if such amount (1) has not theretofore  been allowable as a deduction, and (2) is  apportioned in equal parts over a period of ten  consecutive years beginning with the year in which the  transfer or payment is made.

"(k) Optional Standard Deduction. — In lieu of the deductions allowed under this section an  individual subject to tax under Sec. 21 (b), other than a non-resident alien, may elect a standard  deduction in an amount not exceeding ten per  centum (10%) of his gross income. Unless the  taxpayer signifies in his return his intention to elect  the optional standard deduction, he shall be  considered as having availed himself of the deductions  allowed in the preceding subsection. The Minister  of Finance shall prescribe the manner of the election.  Such election when made in the return shall  be irrevocable for the taxable year for which the  return is made."  

"(l) Additional requirement for deductibility of certain payments. — Any amount paid or payable which otherwise deductible from, or  taken into account in computing gross income  for which depreciation or amortization may be  allowed under this section and Sec. 29, shall be  allowed as a deduction only if it is shown that the  tax required to be deducted and withheld therefrom  has been paid to the Bureau of Internal  Revenue in accordance with this section, Section s 54  and 93 of this Code. (As amended by PD 1351, PD  1353, PD 1475)

"Notwithstanding the provisions of the preceding paragraphs, the Minister of Finance, upon  recommendation of the Commissioner, after a public  hearing shall have been held for this purpose may  prescribe by regulations, limitations or ceilings for  any of the itemized deduction under this section;  Provided, That for purposes of determining such  ceilings or limitations, the Minister of Finance shall  consider the following factors: (1) adequacy of the  prescribed limits on the actual expenditure requirements  of each particular industry; and (2) effects  of inflation on expenditure levels; Provided,  further, That no ceilings shall further be imposed  on items of expense already subject to ceilings  under present law."  

Sec. 8. Sec. 45 of said Code is hereby amended to read as follows:

"Sec. 45. Individual returns. — (a) Requirements. — (1) The following individuals are required  to file an income tax return, if they have a gross  income of at least P3,000 for the taxable year.

"(A) Every Filipino citizen, whether residing in the Philippines or abroad, and

"(B) Every alien residing in the Philippines, regardless of whether the gross income  was derived from sources within or outside  the Philippines.

"(2) Regardless of amount, every non-resident alien engaged in trade or business in the  Philippines shall fine an income tax return.

"The income tax return shall be filed in duplicate,  and shall set forth specifically the gross amount of income from all sources, except that of  non-resident aliens engaged in trade or business in  the Philippines which shall contain only such  income derived from sources within the Philippines:  Provided, however, That in the case of an individual  with compensation income taxable under  Sec. 21 (a) and where the tax withheld thereon  in final, a simplified return shall be filed with the  Bureau of Internal Revenue after directly or  through the employer.  

"(3) Notwithstanding the provisions of the preceding paragraphs, an individual (except a non resident alien engaged in trade or business in the  Philippines) whose gross compensation income as  defined under Sec. 28(b) does not exceed his  personal exemption of P3,000 if he/she is single or  P6,000 if he/she is married or P4,500 if he/she is  head of family, is not required to filed an income  tax return.

"(b) Where to file. — Except in cases where the Commissioner otherwise permits, the return  shall be filed with the Revenue District Officer,  Collection Agent, or duly authorized Treasurer of  the Municipality in which such person has his legal  residence or principal place of business in the Philippines, or if there be no legal residence or place  of business in the Philippines, then with the Office  of the Commissioner of Internal Revenue.

"(c) When to file. — The return of:

"(1) Residents of the Philippines, whether citizens or aliens, whose income had been derived solely from salaries, wages,  interest, dividends, allowances, commissions,  bonuses, fees, pensions, or any combination  thereof shall be filed on or before the eighteenth day of March of each year,  covering income for the proceeding taxable year.  

"(2) All other individuals not mentioned above, including non-resident citizens  shall be filed on or before the fifteenth day of  April of each year covering income of the  preceding taxable year.

"Individuals subject to the final schedule  tax on net capital gains from the sale or  other disposition of real property under  Sec. 34 (h) of this Code, shall file or cause to be filed a separate return prescribed therefor  by the Commissioner within thirty (30) days  following each sale or other disposition of  capital assets.

"(d) Husband and Wife. — In the case of married persons, whether citizens, resident or non-resident  aliens, only one consolidated return for the taxable year shall be filed by either spouse to cover  the income of both spouses, but where it is  impracticable for the spouses, to file one consolidated  return, each spouse may file his separate return of income, but the returns so filed shall be consolidated for the purpose of the tax prescribed under  this Title.

"(e) Return of parent to include income of children. — The income of unmarried minors derived from property received from a living parent shall  be included in the return of the parent, except (1)  when the gift tax has been paid on such property,  or (2) when the transfer of such property is  exempt from gift tax.

"(f) Persons under disability. — If the taxpayer is unable to make his own return, the return  may be made by his duly authorized agent or  representative or by the guardian or other person  charged with the care of his person or property,  the principal and his representative or guardian  assuming the responsibility of making the return  and incurring penalties provided for erroneous,  false or fraudulent returns.  

"(g) Signature presumed correct. — The fact that an individual's name is signed to a filed return  shall be prima facie evidence for all purposes that  the return was actually signed by him."

Sec. 9. Sec. 53 of said Code is hereby amended to read as follows:

"Sec. 53. Withholding of tax at source. — (a) Tax-free covenant bonds. —

"(1) Requirements of withholding. — In any case where bonds, mortgages, deeds of trust, or other similar obligations of domestic or resident  foreign corporations, contain a contract or provision by which the obligor agrees to pay any portion of the tax imposed in this Title upon the obligee or to reimburse the obligee for any portion of the tax or to pay the interest without deduction for any tax which the obligor may be required or permitted to pay thereon or to retain therefrom  under any law of the Philippines, or any state or  country, the obligor shall deduct and withhold a tax equal to thirty  per centum (30%) of the  interest or other payments upon those bonds, mortgages,  deeds of trust, or other obligations, whether  the interest or other payments are payable annually  or at shorter or longer periods, and whether the  bonds, securities or obligations had been or will be  issued or marketed, and the interest or other payment  thereon paid, within or outside the Philippines,  if the interest or other payment is payable to  a non-resident alien or to a citizen or resident of  the Philippines.  

"(b) Withholding tax on royalties, prizes and other winnings. — The tax imposed by Section s 21 (c) and 24 of this Code on royalties, prizes (except prizes amounting to Three thousand pesos or less  which shall be subject to tax under paragraph (b)  of Sec. 21) and winnings shall be withheld by  the payor-corporation and/or person and paid in  the same manner and subject to the same conditions  as provided in Sec. 54 of the National  Internal Revenue Code.

"(c) Withholding tax on dividends. — The tax imposed by Section s 21 and 24 (c) of this Code on dividends shall be withheld by the payor-corporation  and paid in the same manner and subject to  the same conditions as provided in Sec. 54 of  this Code.

"(d) Withholding of final tax on interest on bank deposits, yield or any other monetary benefit  from deposit substitutes and from trust and similar  arrangements.  

"(1) Withholding of final tax. — Every bank or non-bank financial intermediary shall  deduct and withhold from the interest on  bank deposits or yield or any other monetary  benefit from deposit substitutes a final tax  equal to fifteen  per centum (15%) of the interest  on savings deposits and twenty per  centum (20%) of the interest on time deposits  or yield or any other monetary benefit from  deposit substitutes and from trust fund and  similar arrangements: Provided, however, That no withholding tax shall be made if the  aggregate amount of the interest on all deposits  accounts maintained by a depositor alone  or together with another in any one bank at  any time during the taxable period does not  exceed One thousand pesos (P1,000.00) a  year or Two hundred fifty pesos (P250.00)  per quarter. For this purpose, interest on a  deposit account maintained by two persons  shall be deemed to be equally owned by  them.  

"(2) Depositors or placers/investors enjoying tax exemption privileges or preferential  tax treatment. — In all cases where the depositor or placer/investors is tax-exempt or is enjoying preferential income tax treatment  under existing laws, the withholding tax imposed  in this paragraph shall be refunded or  credited as the case may be upon submission  to the Commissioner of Internal Revenue of  proof that the said depositor, or placer/  investor is a tax exempt entity or enjoys a  preferential income tax treatment.

"(3) Manner of withholding. — Without divulging the names of the depositors, or  placer/investors, the tax shall be withheld by  the bank or non-bank financial intermediary  and paid in the same manner and subject  to the said conditions provided in Sec. 54 of this Code.  

"(e) Non-resident aliens and foreign corporations. (1) Non-resident aliens. — Every individual, corporation, partnership, or association, in whatever,  capacity acting, including a lease or mortgagor  of real or personal property, trustee acting in  any trust capacity, executor, administrator,  receiver, conservator, fiduciary, employer, and every  officer or employee of the Government of the Republic of the Philippines having the control,  receipt, custody, disposal, or payment of interest,  dividends, rents, royalties, salaries, wages,  premiums, annuities, compensation, remunerations,  emoluments, or other fixed or determinable  annual, periodical or casual gains, profits, and  income, and capital gains, of any non-resident alien  not engaged in trade or business within the  Philippines, shall (except in the cases provided in  subsection (a)(1) of this section) deduct and  withhold from the annual, periodical, or casual gains,  profits, and income, and capital gains, a tax equal  to thirty  per centum (30%) thereof. This deduction  and withholding shall not be required in the case of  dividends paid by a foreign corporation unless (1)  the corporation is engaged in trade or business  within the Philippines, and (2) more than eighty-  five  per centum (85%) of the gross income of the corporation for the three-year period ending with the close of each taxable year preceding the declaration of the dividends (or for such part of the  period as the corporation has been in existence)  was derived from sources within the Philippines as  determined under the provisions of Sec. 37. The Commissioner may authorize the tax to be deducted and withheld from the interest or other income upon any security or obligation the owners of which are not known to the withholding agent.

"(2) Non-resident foreign corporations. — In the case of foreign corporations subject to tax  under this Title, not engaged in trade or business  within the Philippines, there shall be deducted and  withheld at the source in the same manner and  upon the same items as provided in subsection (b)  (1) of this section, as well as on remunerations for  technical services or otherwise, a tax equal to  thirty-five  per centum (35%) thereof: Provided,  That interest on foreign loans shall be subject to  withholding tax of fifteen  per centum (15%)  This tax shall be returned and paid in the same  manner and subject to the same conditions as provided in Sec. 54. This deduction and withholding  shall be required in the case of reinsurance  premiums ceded to foreign insurance corporations  not engaged in trade or business in the Philippines.  

"(f) Other cases of withholding tax at source. — The Minister of Finance may upon recommendation of the Commissioner of Internal Revenue,  require also the withholding of a tax on the  same items of income payable to persons (natural  or juridical) residing in the Philippines by the same persons mentioned in paragraph (b) (1) of this section at the rate of not less than two and  one-half  per centum (2-1/2%) but not more than thirty-five  per centum (35%) thereof which shall be credited against the income tax liability of the  taxpayer of the taxable year."  

Sec. 10. Sec. 58 of said Code is hereby amended to read as follows:

"Sec. 58. Exemption allowed to estates and trusts. — For the purpose of the tax provided for in this Title, there shall be allowed an  exemption of Three thousand pesos from the income of  the estate or trust."

Sec. 11. Sec. 61 of said Code is hereby amended to read as follows:

"Sec. 61. Fiduciary returns. — Guardians, trustees, executors, administrators, receivers,  conservators, and all persons or corporations, acting in  any fiduciary capacity, shall render, in duplicate, a  return of the income of the person, trust, or estate   for whom or which they act, and be subject to all  the provisions of this Title, which apply to individuals in case such person, estate, or trust has a gross income of Three thousand pesos or over  during the taxable year. Such fiduciary or person  filing the return for him or it, shall take oath that  he has sufficient knowledge of the affairs of such  person, trust, or estate to enable him to make such  return and that the same is, to the best of his  knowledge and belief, true and correct, and be  subject to all the provisions of this Title which  apply to individuals: Provided, That a return made  by or for one or two or more joint fiduciaries filed in the province where such fiduciary resides, under such regulations as the Minister of Finance  prescribe, shall be a sufficient compliance with the  requirements of this section."  

Sec. 12. Sec. 73 of said Code is hereby amended to read as follows:

"Sec. 73. Penalty for failure to file return or to pay tax. — Any one liable to pay the tax, to make a return or to supply information required  under this Code, who refuses or neglects to pay  such tax, to make such return or to supply such  information at the time or times herein specified  in each year, shall be punished by a fine of not  more than Two thousand pesos or by imprisonment  for not more than six months, or both: Provided, however, That an individual with  compensation income taxable under Sec. 21 (a) of this Code and where the tax withheld from such  compensation income is final shall be exempt from the penalty for failure to pay the tax on such  compensation income and to file a return thereon at  the designated period.  

"Any individual or any officer of any corporation,  or general co-partnership (compania colectiva),  required by law to make, render, sign or  verify any return or to supply any information,  who makes any false or fraudulent return or  statement with intent to defeat or evade the assessment  required by this Code to be made, shall be punished  by a fine of not less than Five thousand  pesos and imprisonment of not less than two  years."

Sec. 13. Sec. 77 of said Code is hereby amended to read as follows:

"Sec. 77. Information at source as to income payments. — All persons, corporations or duly registered co-partnerships (companias colectivas),  in whatever capacity acting, including  lessees or mortgagors or real or personal property,  trustees, acting in any trust capacity, executors,  administrators, receivers, conservators, and  employees making payment to another person,  corporation, or duly registered general co-partnership  (compania colectiva), of interest, rents, salaries,  wages, premiums, annuities, compensations, remunerations, emoluments, or other fixed or  determinable gains, profits, and income, other than  payment described in Section s 75 and 79, in any  taxable year, or, in the case of such payments  made by the Government of the Philippines, the  officers or employees of the Government having  information as to such payments and required to make returns in regard thereto, are authorized and  required to make returns in regard thereto, are  authorized and required to render a true and  accurate return of the Commissioner of Internal  Revenue, under such rules and regulations and  in such form and manner as may be prescribed by the Minister of Finance, setting forth the amount of such gains, profits, and income, and the name and address of the recipient of such payments:  Provided, That such returns shall be required in the case of payments of interest upon bonds  and mortgages or deeds of trust or other similar obligations of corporations, and in the case of  collections of items, not payable in the Philippines,  of interest upon the bonds of foreign countries and interest from the bonds and dividends from the stock of foreign corporations  by persons, corporations, or duly registered general  co-partnership (companias colectivas), undertaking as a matter of business or for profit or otherwise  the collection of foreign payments of such interest  or dividends by means of coupons or bills of  exchange."

Sec. 14. Sec. 91 of said Code is hereby amended to read as follows:

"Sec. 91. Income tax collected at source. — (a) Requirement of withholding. — Every employer making payment of wages shall deduct and withhold  upon such wages a tax determined in accordance  with regulations to be prepared by the Minister  of Finance. The tax withheld is a final tax,  except where the personal circumstances or  income of the taxpayer change within the taxable  year or where the taxpayer has multiple  employment.  

"(b) Tax paid by recipient. — If the employer, in violation of the provisions of this chapter,  fails  to deduct and withheld the tax as required under this chapter, and thereafter the tax  against which such tax may be credited is paid,  the tax so required to be deducted and withheld  shall not be collected from the employer;  but this subsection shall in no case relieve the  employer from liability for any penalties or  additions to the tax otherwise applicable in  respect of such failure to deduct and withhold.

"(c) Refunds or credits. — (1) Employer. — Where there has been an overpayment of tax  under this section, refund or credit shall be  made to the employer only to the extent that the amount of such overpayment was not deducted  and withheld hereunder by the employer.

"(2) Employees. — The amount deducted and withheld under this chapter during any calendar  year shall be allowed as a credit to the recipient of  such income against the tax imposed under the  main provisions of this Title. Refunds and credits in cases of excessive withholding shall be granted  under rules and regulations promulgated by the Ministry of Finance.  

"Any excess of the taxes withheld over the tax due from the taxpayer shall be returned or credited within three months from the fifteenth day of April. Refunds of credits made after such time shall earn interest at the rate of six  per centum (6%) per annum starting after the lapse of the three month period to the date the refund or credit is made.

"Refunds shall be made upon warrants drawn by the Commissioner or by his duly authorized representative without the necessity of counter-signature by the Chairman, Commission on Audit or the latter's duly authorized representatives as an exception to the requirement prescribed by Sec. 621 of the Revised Administrative Code. 

"(d) Personal exemptions. —

"(1) In general. — Unless otherwise provided by this chapter, the personal and additional exemptions applicable under this chapter shall be determined in accordance with the main provisions of this Title.

"(2) Exemption certificates. —

"(A) When to be filed. — On or before the date of commencement of employment with an employer, or within ten days from the effectivity of this Code in case of persons already employed, the employee shall furnish the employer with a signed withholding exemption certificate relating to the personal and additional exemption to which he is entitled.

"(B) Change of status. — In case of change of status of an employee as a result of which he would be entitled to a lesser amount of exemption, the employee shall, within ten days from such change, file with the employer a new withholding exemption certificate reflecting the change. If the change would entitle the employee to a greater amount of exemption, he may furnish the employer with a new withholding exemption certificate reflecting such change.

"(C) Use of certificates. — The certificates filed hereunder shall be used by the employer in the determination of the amount of taxes to be withheld. 

"(D) Failure to furnish certificate. — Where an employee, in violation of this chapter, either fails or refuses to file a withholding exemption certificate, the employer shall withhold the taxes prescribed under the schedule for zero exemption of the withholding tax table subsection (a).

"(e) Withholding on basis of average wages. — The Commissioner of Internal Revenue may, under regulations promulgated by the Minister of Finance, authorize employers (1) to estimate the wages which will be paid to an employee in any quarter of the calendar year, (2) to determine the amount to be deducted and withheld upon each payment of wages to such employee during such quarter as if the appropriate average of the wages so estimated constituted the actual wages paid, and (3) to deduct and withhold upon any payment of wages to such employee during such quarter such amount as may be required to be deducted and withheld during such quarter without regard to this subsection. 

"(f) Husband and wife. — When a husband and wife each are recipients of wages, whether from the same or from different employers, taxes to be withheld shall be determined on the following bases:

(1) The husband shall be deemed the head of the family and proper claimant of the additional exemption in respect to any dependent children;

"(2) Taxes shall be withheld from the wages of the wife in accordance with the schedule for zero exemption of the withholding tax table in subsection (a).

"(g) Non-resident aliens. — Wages paid to non-resident alien individuals engaged in trade or business in the Philippines shall be subject to the provisions of this chapter." 

Sec. 15. Rules and Regulations. — The Minister of Finance, upon recommendation of the Commissioner of Internal Revenue, shall within 90 days after approval of this Act, promulgate the necessary rules and regulations for the effective enforcement of this Act. Such regulation shall take effect following the completion of its publication in two newspapers of general circulation in the Philippines.

Sec. 16. Repealing Clause. — All other laws, decrees, orders and regulations or parts thereof which are inconsistent with this Act are hereby repealed or modified accordingly: Provided, That incentives granted under Presidential Decree No. 1789 otherwise known as the Omnibus Investments Code, Presidential Decree No. 66, as amended, Presidential Decree No. 535 and other special laws of similar nature shall not be affected.

Sec. 17. Effectivity. — This Act shall take effect on January 1, 1982, and shall be applicable to incomes earned beginning on such date.

Approved: December 18, 1981 (C.B. No. 34.)

ANNEX A
BIR WITHHOLDING TAX TABLES

Following are the withholding tax tables approved by the Bureau of Internal Revenue pursuant to Revenue Regulations No. 20-81 implementing the provisions of Batasang Pambansa Blg. 135, An Act amending certain provisions of the National Internal Revenue Code of 1977, as amended, and for other purposes (introducing the Gross Income Tax System for compensation income.) 

HOW TO USE THE TABLES

A. Legend of status and amount of exemption

1. Zero (0.0) — exemption for working wife with employed husband; employee with multiple employers which refers to second, third, etc. employers and employee who fails to file an exemption certificate.

2. S (3.0) — for single or married but legally separated individuals.

3. S (4.5) — single with qualified dependent parent, sister or brother, legitimate, recognized natural, or legally adopted child.

4. H/F1 (6.5), H/F2 (8.5), H/F3 (10.5), H/F4 (12.5), H/F5 (13.5), H/F6 (14.5) H/F7 (15.5) — The numerals affixed to the status symbol HF represent the number of qualified legitimate, recognized natural or adopted children.

5. M (6.0) — married and not legally separated.

6. M1 (6.0), M2 (10.0), M3 (12.0), M4 (14.0), M5 (15.0), M6 (16.0), and M7 (17.0) — The numerals affixed to the status symbol M represent the number of qualified legitimate, recognized natural adopted children.

B. Computation of Withholding Tax

1. Use of the appropriate table for the payroll period — monthly, semi-monthly, weekly, or daily, as the case may be.

2. Ascertain the status and total exemptions of the employee to determine the line to be used. 

3. Determine the total monetary and non-monetary (Cash Value) compensation paid to the employee.

4. Use the tax rate indicated in the column wherein the employer's total compensation exceeds the compensation level shown in the said column but should not be over the compensation level of the next column to the right of the table.

5. Regular wage or compensation includes basic salary, fixed allowances for representation, transportation, housing, cost of living and all other forms of benefits (monetary and non-monetary) paid to an employee per payroll period.

Supplementary wages are those paid to an employee in addition to the regular wage such as commission, overtime pay, retired pay, profit-sharing, bonus, 13th month pay, vacation and sick leave pay etc., with or without regard to a payroll period. chanrob1es virtua1 1aw 1ibrary

6. Compute the amount of withholding tax (see examples).

Example 1.

An employee who is married with 3 qualified dependent children entitled to total personal and additional exemptions of P12,000.00, receives a total of regular monthly compensation of P1,500.00 

Computation:

Using the monthly withholding tax table, the monthly withholding tax is computed by referring to line 10 of column 3, which shows a tax of P2.08 on P1,416 plus three percent of the excess (P1,500 - P1,416 = P84)

Total compensation P1,500.00
Compensation level (line 10, col. 3)   1,416.00
Excess P84.00
========

Tax on P1,416 2.08
Tax on excess (84 x 3%) 2.52
Monthly withholding tax P 4.60
========

Example 2.

An employee who is married with two qualified dependents received a total of P5,000 as regular salary and commission on the same date, broken down as follows:

Regular monthly salary P3,000.00
Commissioner   2,000.00
Total P5,000.00
========

Computation:

1. Using the monthly withholding tax tables, the withholding tax on the monthly regular wage (P3,000) is computed by referring to line 8 column 5, which show a tax of P72.92 on P2,500 plus 11% of the excess. 

2. Aggregate the monthly salary (P3,000) and commissions (P2,000) and determine the amount of compensation in excess of P2,500 (see No. 1).

Monthly salary P3,000.00
Commissions    2,000.00
Total Compensation   P5,000.00
========
Less: Compensation Level
(Col. 5, Line 8)    P2,500.00
Excess P2,500.00
========

3. Tax on P2,500 P72.92
Tax on excess (P2,500 x 11%) 275.00
_________
Withholding tax P347.92
=======

Example 3.

An employee who is married with two qualified dependents receives P3,000 as his monthly regular salary from which the tax of P127.92 has already been deducted. In addition, he was paid P2,000 as bonus on a date other than the date of payment of the regular salary.

Computation:
Multiply the amount of bonus by the rate of tax given for the amount in excess of the regular compensation (P3,000), which is 11% as per line 8 of col. 5. 
Tax on bonus (P2,000 x 11%) P220.00
Tax on salary already deducted 127.92
_________
Total withholding tax P347.92
=======

WITHHOLDING TAX TABLE MONTHLY

1 2 3 4 5 6 7 8 9 10
P0.00 P0.00 P2.08 P14.58 P72.92 P256.25 P506.25 P1139.58 P4139.58 P10181.25
Exemptions +0% +1% +3% +7% +11% +15% +19% +24% +29% +35%
Status  ('000P)  Over Over Over Over Over Over Over Over Over Over
Zero 0 P 0 P 208 P 416 P  833 P 1666 P 3333 P 5000 P 8333 P 20833 P 41666 1
S 3.0 0 458 666 1088 1916 3583 5250 8583 21083 41916 2
HF 4.5 0 583 791 1208 2041 3708 5375 8705 21208 42041 3
M 6.0 0 708 916 1333 2166 3833 5500 8833 21333 42166 4
 HF/1 6.5 0 750 958 1375 2208 3875 5541 8875 21375 42208 5
M/1 8.0 0 875 1083 1500 2333 4000 5666 9000 21500 42333 6
HF/2 8.5 0 917 1125 1541 2375 4041 5708 9041 21541 42375 7
M/2 10.0 0 1042 1250 1666 2500 4166 58333 9166 21666 42500 8
HF/3 10.5 0 1083 1291 1708 2541 4208 5875 9208 21708 42541 9
M/3 12.0 0 1028 1416 1833 2666 4333 6000 9333 21833 42666 10
HF/4 12.5 0 1250 1458 1875 2708 4375 6041 9375 21875 42708 11
HF/5 13.5 0 1333 1541 1958 2791 4458 6125 9458 21958 42791 12
M/4 14.0 0 1375 1583 2000 2833 45000 6166 9500 22000 42833 13
HF/6 14.5 0 1417 1625 2041 2875 4541 6208 9541 22041 42875 14
M/5 15.0 0 1458 1666 2083 2916 4583 6250 9583 22083 42916 15
HF/7 15.5 0 15000 1708 2125 2958 4625 6291 9625 22125 42958 16
M/6 16.0 0 1542 1750 2166 3000 4666 6333 9666 22166 43000 17
M/7 17.0 0 1625 1833 2250 3083 4750 6416 9750 22250 43083 18

Legend: S — Single HF — Single but head of the family M — Marriage 1..7 — Number of dependents


WITHHOLDING TAX TABLE
SEMI-MONTHLY

1 2 3 4 5 6 7 8 9 10
P0.00 P0.00 P1.04 P36.46 P72.92 P128.13 P253.13 P569.79 P2069.79 P5090.63
Exemptions +0% +1% +3% +7% +11% +15% +19% +24% +29% +35%
Status ('000P)  Over Over Over Over Over Over Over Over Over Over
Zero 0 P 0 P 104 P 208 P 416 P 833 P 1666 P 2500 P 4166 P 10416 P 20833 1
S 3.0 0 229 333 541 958 1791 2625 4291 10541 20958 2
HF 4.5 0 292 395 604 1020 1854 2687 4354 10604 21020 3
M 6.0 0 354 458 666 1083 1916 2750 4416 10666 21083 4
 HF/1 6.5 0 375 479 687 1104 1937 2770 4437 10687 21104 5
M/1 8.0 0 438 541 750 1166 2000 2833 4500 10750 21166 6
HF/2 8.5 0 458 562 770 1187 2020 2584 4520 10770 21187 7
M/2 10.0 0 521 625 833 1250 2083 2916 4583 10833 21250 8
HF/3 10.5 0 542 645 854 1270 2104 2937 4604 10854 21270 9
M/3 12.0 0 604 708 916 1333 2166 3000 4666 10916 21333 10
HF/4 12.5 0 625 729 937 1354 2187 3020 4687 10937 21354 11
HF/5 13.5 0 667 770 979 1395 2229 3062 4729 10979 21395 12
M/4 14.0 0 688 791 1000 1416 2250 3087 4750 11000 21416 13
HF/6 14.5 0 708 812 1020 1437 2270 3104 4707 11020 21437 14
M/5 15.0 0 729 833 1041 1458 2291 3125 4791 11041 21458 15
HF/7 15.5 0 750 854 1062 1479 2312 3145 4812 11062 21479 16
M/6 16.0 0 771 875 1083 1500 2333 3166 4833 11083 21500 17
M/7 17.0 0 813 916 1125 1541 2375 3208 4875 11125 21541 18

Legend:  S—Single HF—Single but head of the family M—Marriage 1..7—Number of dependents 

WITHHOLDING TAX TABLE WEEKLY

1 2 3 4 5 6 7 8 9 10
P0.00 P0.00 P1.04 P36.46 P72.92 P128.13 P253.13 P569.79 P2069.79 P5090.63
Exemptions +0% +1% +3% +7% +11% +15% +19% +24% +29% +35%
Status ('000P)  Over Over Over Over Over Over Over Over Over Over
Zero 0 P 0 P 48 P 96 P 192 P 384 P 769 P 1153 P 1923 P 4807 P 9615 1
S 3.0 0 106 153 250 442 826 1211 1980 4865 9673 2
HF 4.5 0 135 182 278 471 855 1240 2009 4894 9701 3
M 6.0 0 163 211 307 500 884 1269 2038 4923 9730 4
HF/1 6.5 0 173 221 317 509 894 1278 2048 4932 9740 5
M/1 8.0 0 202 250 346 538 923 1307 2076 4961 9769 6
HF/2 8.5 0 212 259 355 548 932 1317 2086 4971 9778 7
M/2 10.0 0 240 288 384 576 961 1346 2115 5000 9807 8
HF/3 10.5 0 250 298 394 586 971 1355 2125 5009 9817 9
M/3 12.0 0 279 326 423 615 1000 1384 2153 5038 9846 10
HF/4 12.5 0 288 336 432 625 1009 1394 2163 5048 9855 11
HF/5 13.5 0 308 355 451 644 1028 1413 2182 5067 9875 12
M/4 14.0 0 317 365 461 653 1038 1423 2192 5076 9884 13
HF/6 14.5 0 327 375 471 663 1048 1432 2201 5086 9894 14
M/5 15.0 0 337 384 480 673 1057 1442 2211 5096 9903 15
HF/7 15.5 0 346 394 490 682 1067 1451 2221 5105 9913 16
M/6 16.0 0 356 403 500 692 1076 1461 2230 5115 9923 17
M/7 17.0 0 375 423 519 711 1096 1480 2250 5134 9942 18

Legend:  S—Single HF—Single but head of the family M—Marriage 1..7—Number of dependents

WITHHOLDING TAX TABLE DAILY

1 2 3 4 5 6 7 8 9 10
P0.00 P0.00 P0.08 P0.58 P2.89 P10.15 P20.05 P45.13 P163.94 P403.22
Exemptions +0% +1% +3% +7% +11% +15% +19% +24% +29% +35%
Status ('000P)  Over Over Over Over Over Over Over Over Over Over
Zero 0 P 0 P 8 P 16 P 33 P 66 P 132 P 198 P 330 P 825 P 1650 1
 S 3.0 0 18 26 42 75 141 207 339 834 1660 2
HF 4.5 0 23 31 47 80 142 212 344 839 1665 3
M 6.0 0 28 36 52 85 151 217 349 844 1669 4
HF/1 6.5 0 30 37 54 87 153 219 351 846 1671 5
M/1 8.0 0 35 42 59 92 158 224 356 851 1676 6
HF/2 8.5 0 36 44 61 94 160 226 358 853 1678 7
M/2 10.0 0 41 49 66 99 165 231 363 858 1683 8
HF/3 10.5 0 43 51 67 100 166 232 364 859 1684 9
M/3 12.0 0 48 56 72 105 171 237 369 864 1689 10
HF/4 12.5 0 50 57 74 107 173 239 371 866 1691 11
HF/5 13.5 0 53 61 77 110 176 242 374 869 1694 12
M/4 14.0 0 54 62 79 112 178 244 376 871 1696 13
HF/6 14.5 0 56 64 80 113 179 245 377 872 1698 14
M/5 15.0 0 58 66 82 115 181 247 379 874 1699 15
HF/7 15.5 0 59 67 84 117 183 249 381 876 1701 16
M/6 16.0 0 61 69 85 118 184 250 382 877 1702 17
M/7 17.0 0 64 72 89 122 188 254 386 881 1706 18

Legend:  S—Single HF—Single but head of the family M—Marriage 1..7—Number of dependents 

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