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I earn 70 thousand pesos a month in the Philippines. How much personal income tax do I have to pay?
Hello, my friend! For foreign residents and foreign non-residents engaged in business, and any individual employed or engaged in professional services, whether citizens or foreign residents, if the remuneration exceeds 70,000 to 65,438+040,000 Philippine pesos, that is, 65,438+04000 pesos, 20% income tax is required.
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