GRABCAR’S WITHHOLDING TAX POLICY

Dear GrabCar Peers,

We wish to inform that with effect from 1 September 2015, MyTaxi. PH, Inc. (GrabCar) will be withholding 10% from your free credits/cash incentive payments. We have sought clarification from the Bureau of Internal Revenue (BIR) with regard to the withholding tax (WHT) compliance for the free credits/cash incentive payments.As stated in the Agreement, you are solely responsible for all costs and expenses incident to you and or personnel and equipment in performing services under this Agreement, including, but not limited to, costs of fuel, fuel taxes, wages, employment taxes, excise taxes, permits of all types, gross revenue taxes, road taxes, equipment use fees and taxes, licensing, insurance coverage and any other tax, fine or fee imposed or assessed against the equipment or you by any state, local, or national authority as a result of an action by you or your employees, agents, or subcontractors in the performance of the Agreement.

We also wish to inform that MyTaxi. PH, Inc (GrabCar) will provide you with the WHT Certificates for the purpose of claiming a tax credit relief in your corporate income tax return/personal income tax return.

Your kind understanding is very much appreciated.

Thank you for your continuous support.

Team GrabCar MNL

*****

“WILL THE WITHHOLDING TAX ALSO APPLY TO THE FARES?”
For now, deduction of 10% withholding tax will apply on to the Peer/driver incentives.
The fare per ride is currently not included in the withholding tax deduction. Only GrabCar’s 20% commission will be deducted from the fare.

“HOW DO I GET A WHT CERTIFICATE?”
Please fill in the form HERE. GrabCar will get back to you regarding the next steps to claim the certificate.

“I DO NOT HAVE A TAX INDENTIFICATION NUMBER (TIN) YET. WHAT DO I DO?”
GrabCar will still deduct 10% withholding tax from your incentives. Once you have submitted the TIN to us, we will identify the taxes wittheld with your corresponding TIN.

“I HAVE MULTIPLE DRIVERS UNDER MY ACCOUNT. DO THEY NEED A TIN, TOO?”
We will deduct the withholding tax only from the Peer account. How you will disburse the amount to your drivers will be up to you.
You may or may not require your drivers to submit their TIN to you.

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