Please click here to see RMC 7-2015 reiterating the tax treatment of interest income derived from Long Term Deposits or Investments Certificates as Described in RR No. 14-2012 and Clarified in RMC Nos. 77-2012 and 81-2012.
For any questions and clarifications, please call Pat Alvarillo (BDO Private Bank Tel # 588-9768), Kay Pagal (PNB-Trust Tel # 526-3665) or Giselle Quitlong (TOAP Secretariat Office Tel # 892-8033; 894-0542). Looking forward to seeing all of you at the 2015 TOAP Annual Convention.