Is BIR RR No. 10-2013 Favorable To Violators Of The RESA Law? - ForeclosurePhilippines.com
RR No. 10-2013 specifically states that licensed RESP’s are subject to fifteen percent (15%) withholding tax, if the gross income for the current year exceeds P720,000, and ten percent (10%) withholding tax, if otherwise.
Source: http://www.foreclosurephilippines.com/2013/06/bir-rr-10-2013-favorable-to-violators-of-the-resa-law.html#ixzz2X5SPKpSJ
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