
19/07/2025
: Tax at deposits mo, ano ang totoo? Read the facts here:
✅ Right now, may 20% tax sa INTEREST ng savings mo.
✅ Sa Capital Markets Efficiency Promotion Act (CMEPA), 20% pa rin ang tax sa INTEREST ng savings mo. No change (for Peso savings / checking accounts).
✅ CMEPA took effect on July 1, 2025 but will not impact your time deposits made before that date.
✅ Ang 20% tax on INTEREST ay mag-a-apply na sa mga 3, 4, 5-year (or longer) time deposits na binuksan on or after July 1, 2025.
Learn more about CMEPA in this explainer from the Department of Finance: https://bit.ly/3IBZdEs