Turnover Payable |
Levy Payable |
Less than P1,000,000.00 |
No Levy |
P1,000,000.00 to 2 billion |
0.2% |
Excess of 2 billion |
0.05% |
Oil industry |
Oil industry 0.05% on regulated petroleum products |
N.B: Quick shop sales will attract 0.2% rate for oil industry companies.