Title II — TAX ON INCOME within the Philippines by an individual alien who is a resident of the Philippines. (2) Rates of Tax on Taxable Income of Individuals. — The tax shall be computed in accordance with and at the rates established in the following schedule:6 (a) Tax Schedule Effective January 1, 2018 until December 31, 2022: Not over P250,000 0% Over P250,000 but not over P400,000 20% of the excess over P250,000 Over P400,000 but not over P800,000 P30,000 + 25% of the excess over P400,000 Over P800,000 but not over P2,000,000 P130,000 + 30% of the excess over P800,000 Over P2,000,000 but not over P8,000,000 P490,000 + 32% of the excess over P2,000,000 Over P8,000,000 P2,410,000 + 35% of the excess over P8,000,000 Tax Schedule Effective January 1, 2023 and onwards: Not over P250,000 0% Over P250,000 but not over P400,000 15% of the excess over P250,000 Over P400,000 but not over P800,000 P22,500 + 20% of the excess over P400,000 Over P800,000 but not over P2,000,000 P102,500 + 25% of the excess over P800,000 Over P2,000,000 but not over P8,000,000 P402,500 + 30% of the excess over P2,000,000 Over P8,000,000 P2,202,500 + 35% of the excess over P8,000,000 For married individuals, the husband and wife, subject to the provision of Section 51(D) hereof, shall compute separately their individual income tax based on their respective total taxable income: Provided, That if any income cannot be definitely attributed to or identified as income exclusively earned or realized by either of the 6 As amended by Section 5 of the TRAIN Law. National Internal Revenue Code of 1997 (as amended by the TRAIN Law, RAs 11256, 11346 and 11467) 19

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