Company: YDDL
Filing Date: 2025-06-09
Form Type: F-1/A
Source: 0001213900-25-052277
Chunk: 124

Company: One & one Green Technologies. INC
Filing Date: 2025-06-09
Form: F-1/A
Chunk 124
---
 excess over PhP 400,000.00      |
| Over PhP 800,000.00 but not over PhP 2,000,000.00   |     | PhP 102,500.00 + 25% of the excess over PhP 800,000.00     |
| Over PhP 2,000,000.00 but not over PhP 8,000,000.00 |     | PhP 402,500.00 + 30% of the excess over PhP 2,000,000.00   |
| Over PhP 8,000,000.00                               |     | PhP 2,202,500.00 + 35% of the excess over PhP 8,000,000.00 |

Corporate Income Tax A domestic corporation is taxed on their worldwide income; while a non -residentcorporation is taxed only on their Philippine -sourcedincome. Effective July 1, 2020, the CREATE Act reduced the corporate income tax rate for domestic corporations and resident foreign corporations (RFCs) from thirty percent (30%) to twenty five percent (25%). Further, the corporate income tax will be reduced by one percent (1%) per year from 2023 to 2027. For domestic corporations which are classified as micro, small, or medium -sized(i.e., total assets of PhP 100 million and below, and with net taxable income of PhP 5 Million and below), the corporate tax rate is set at a preferential rate of twenty percent (20%). For non -residentforeign corporations, the corporate income tax is set at twenty five percent (25%). Effective January 2022, the corporate income tax rate for regional operating headquarters (ROHQs) is increased from ten percent (10%) to twenty five percent (25%). From July 2023, the minimum corporate income tax (MCIT) reverts back to the old rate of two percent (2%). As a way to address the COVID -19pandemic, the CREATE Act, from July 2020 to June 2023, reduced the minimum corporate income tax to one percent (1%). Similarly, the regular corporate income tax for proprietary educational institutions and non -profithospitals will revert back to ten percent (10%) of the taxable income. From July 2020 to June 2023, the CREATE Act reduced the rate to one percent (1%). Dividends Cash and property dividends