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SCHEDULE OF EXPANDED WITHHOLDING TAX (EWT) Income Payment EWT Income Payment EWT Professional/Management/Consultancy fees (Individual) Gross receipts 3M or below with sworn declaration - 5%

SCHEDULE OF EXPANDED WITHHOLDING TAX (EWT)

Income Payment

EWT

Income Payment

EWT

Professional/Management/Consultancy fees (Individual)

Gross receipts 3M or below with sworn declaration - 5%

Gross receipts over 3M or VAT-reg or without sworn declaration 10%

Purchase of goods or properties by Top Withholding Agents (TWA) -

1% - goods

2% - service

Professional/Management/Consultancy fees (Non-Individual)

Gross receipts 720,000 or below - 10%

Gross receipts over 720,000 15%

Partners in general professional partnerships (drawings, advances, sharings, allowances, etc.)

720,000 or less -10%

Above 720,000 15%

Contractors/subcontractors (security, janitorial, etc.)

2%

Commission (if not employee)

10%

Directors fees (if not employee)

10% or 15% (720,000 threshold)

Income distributed to beneficiaries of estates/trusts

15%

Rental

5%

Below are the data provided 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, a regular supplier.

200,000

Purchase of services from Jabiiee 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 fee)

100,000

Janitorial services fees

10,000

Based on the foregoing data, how much is the expanded withholding tax on the purchases of goods?

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