What is withholding tax on savings account? 1.48K viewsOctober 10, 2022Banking and Finance 0 Sam Smith11.38K March 11, 2021 0 Comments Spread the loveSpread the love 1 Answer ActiveVotedNewestOldest 0 Blogolu28.38K Posted March 11, 2021 0 Comments Spread the loveInterest on peso savings accounts/time deposits is subject to 20% final withholding tax. Interest on certain time deposits of individuals with a term of at least five years may be exempt from final tax. Spread the love Login
