RCL - Annualized Withholding Tax
RCL - Annualized Withholding Tax
RCL - Annualized Withholding Tax
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<strong>Annualized</strong> <strong>Withholding</strong> <strong>Tax</strong>Step 5-Compute the amount of tax on thedifference arrived at in Step 4.Over But not Over Amount Rate of Excess Overnot over 10,000 5%10,000 30,000 500 + 10% 10,00030,000 70,000 2,500 + 15% 30,00070,000 140,000 8,500 + 20% 70,000140,000 250,000 22,500 + 25% 140,000250,000 500,000 50,000 + 30% 250,000500,000 over 125,000 + 32% 500,000
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