Annex B-2
Annex B-2
Annex B-2
1. That I derived my PROFESSIONAL income only from LGU- City of San Fernando, Pampanga with Taxpayer
(business/professional) (Name of Lone Payor)
Identification Number 002-054-916 and business address at A. Consunji St. Brgy Sto. Rosario, City of San Fernando,
Pampanga
That for the current year ________, my gross receipts will not exceed Two Hundred Fifty Thousand Pesos (₱250,000.00) and
that I am registered as a non-VAT taxpayer; that whatever is the amount of income received, I will comply with the
requirement to file my Income Tax Return on the prescribed due date. For this purpose, I opt to avail of either one of the
following:
Graduated Income Tax Rates under Section 24(A)(2)(a) of the Tax Code, as amended, based on the taxable
income. With this selection, I acknowledge that I am subject to 0% income tax, thus, not subject to
creditable withholding tax; subject to percentage tax, if applicable, and will file the required percentage tax
returns or subject to withholding percentage tax, in case of government money payments.
Eight Percent (8%) income tax rate under Section 24(A)(2)(b) of the Tax Code, as amended, based on
gross receipts/sales and other non-operating income - with this selection, I understand that this is in lieu of
the graduated income tax rates and the Percentage Tax under Section 116 of the Tax Code, as amended;
thus, no withholding tax shall be made;
2. That based on my selection above, if my gross sales/receipts and other non-operating income exceeds ₱250,000.00 but not
over ₱3,000,000.00, my afore-stated lone income payor shall automatically withhold the prescribed rate of withholding tax:
a. In case of Graduated Income Tax Rates, I acknowledge that aside from income tax, I am subject to
business tax (Percentage Tax, if applicable) and creditable withholding of income in excess of
P250,000.00, and business tax withholding, if any, are applicable on the entire income payment; OR
b. In case of Eight Percent (8%) income tax rate, I acknowledge that I am only subject to income tax and
thus, to the creditable withholding income tax in excess of P250,000.00;
3. That I duly execute this SWORN DECLARATION in compliance with the requirement prescribed under Section ____ of
Revenue Regulations No. ________;
4. That I declare, under the penalties of perjury, that this declaration has been made in good faith, and to the best of my
knowledge and belief to be true and correct.
_____________________________________________
Signature over Printed Name of Individual Taxpayer
SUBSCRIBED AND SWORN to before me this _____ day of ____________, 20___ in _______________________________.
Applicant exhibited to me his/her ___________________________issued at _______________________ on
_________________________.
(Government Issued ID and No.)
NOTARY PUBLIC
Doc. No.: __________
Page No.: __________
Book No.: __________
Series of ___________
Affix ₱30.00
Documentary
Stamp Tax
CITY ACCOUNTANT
Designation/Position of Authorized Officer