Author Topic: ABOUT ROHQ or Regional Operating Headquarters Tax Bracket  (Read 2039 times)

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Technopreneur101

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ABOUT ROHQ or Regional Operating Headquarters Tax Bracket
« on: November 06, 2012, 03:14:19 PM »
While i was talking with my colleague when we discussed about Tax and Exemption... alam nyo na  typical about sa working enviroment and how much we get from our work.

Tapos we did tackled about ROHQ companies from which sa kanila daw e 15% algn ang binabayaran nila sa tax at di daw sila covered nung Tax Declaration ng BIR... the Tax Table... Im just wonder what this ROHQ Companies are all about.I mean, paano sila na exempt sa ganun? May provision ba tayo tungkol don?

Bakit sila exempted?



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ABOUT ROHQ or Regional Operating Headquarters Tax Bracket
« on: November 06, 2012, 03:14:19 PM »

Mountain View

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Re: ABOUT ROHQ or Regional Operating Headquarters Tax Bracket
« Reply #1 on: November 06, 2012, 03:17:36 PM »
To give you a bird's eye view maganda bro mabasa mo eto? -> Check it here.

eto pwede mo basahin....

To be entitled to the 15% preferential tax, Filipinos employed by Regional Area Headquarters (RHQs) or Regional Operating Headquarters (ROHQs) must pass the followings tests:

1. Position and function test - Occupying and actually exercising functions of a managerial or technical position.

2. Compensation threshold test - Receive gross annual taxable compensation of at least P975,000 under the employment contract. If the Filipino employee subsequently receives less than P975,000.00 annual taxable compensation income, he/she shall become subject to the regular income tax rate starting the calendar year when the change becomes effective.

3. Exclusivity test - Exclusively working for the RHQ or ROHQ, and not just a consultant or contractual personnel.

The RHQ/ROHQ need not file a request for BIR ruling to confirm the eligibility of the Filipino employees. Instead, the company should file certain reports and sworn declarations with the concerned BIR office.

The regulations shall apply to compensation paid beginning January 1, 2010. Hence, the ROHQs should recompute the withholding taxes and amend BIR Forms 1601-C and 1601-F as necessary. No adjustments shall be required if employee is no longer connected with the ROHQ.

....

as far as i know talagang exempted sila. nasa batas yun at agreement with BIR.


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Re: ABOUT ROHQ or Regional Operating Headquarters Tax Bracket
« Reply #1 on: November 06, 2012, 03:17:36 PM »

 

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