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SCHEDULE OF EXPANDED WITHHOLDING TAX (EWT) EWT Income Payment Income Payment EWT Gross receipts 3M or below with swom declaration Purchase of goods 1%-goods 5%
SCHEDULE OF EXPANDED WITHHOLDING TAX (EWT) EWT Income Payment Income Payment EWT Gross receipts 3M or below with swom declaration Purchase of goods 1%-goods 5% Professional Management Consultancy or properties by Top Gross receipts Withholding Agents 2% fees (Individual) 2% over 3M or (TWA) service VAT-regor without sworn declaration 109 Gross receipts Partners in general 720.000 of 720.000 or professional less -10% Professional/Management/Consultancy below 10% partnerships fees (Non-Individual) Gross receipts (drawings, advances. Above over 720.000 - sharings. 720.000 15% allowances, etc.) 159. Contractors/subcontractors (security janitorial, etc.) 2% Commission it not employee) 10% Director's fees (if not employees 10% or 15% 1720.000 threshald) Income distributed to beneficiaries of estates/trusts 15% Rental 5% Below are the data pravided to you by Nicanor, a top withholding agent for the month of May 2021 Purchases of goods from XYZ Corporation, a regular supplier 800,000 Purchases of services from GHI Corporation, 200.000 a regular supplier Purchase of services from Jabiee corporation (meals for employees of the company: 4 times transactions) 25.000 Purchases of goods from NBS corporation purchase of office supplies: 8 times transaction) 8.000 Rent expense 50.000 Professional fees (w/sworn declaration) 30.000 Professional fees (w/o sworn declaration) 40.000 Security fees (20% of which is the agency feel 100,000 Janitorial services fees 10.000 Based on the foregoing data, how much is the expanded withholding tax on the rent expense
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