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  1. jeDi13's Avatar
    jeDi13
    jeDi13 is offline Tsikot Member Rank13
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    September 22nd, 2008 03:47 PM #11
    Quote Originally Posted by fourtheboys96 View Post
    ok tnx!!!

    wala naman tax yung plano kong paglagyan pero maliit pa din ang kita. pero ok na din kasi safe naman. dun muna ako sa safe bago mag explore ng iba pa.
    hmm. it's mandatory for banks to deduct 20% of the total interest for tax. so i'm wondering what bank is giving a 6% interest tax-free time-deposits.
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  2. tidus1203's Avatar
    tidus1203
    tidus1203 is offline Wheelin and Dealin'
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    September 22nd, 2008 03:53 PM #12
    If the deposit is 5 years or longer its tax free... However, 6% for 5 years lock period is suicide. Sa inflation pa lang patay na patay ka na...
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  3. tanoshi's Avatar
    tanoshi
    tanoshi is offline Verified Tsikot Member
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    November 25th, 2012 03:38 PM #13
    Buhayin ko lang ito ha. based on BPI regular TD for 100k, which is better, 35 days (1.375%) or 365 days (1.875%)? paano ba na co-compute ang mga ito?
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Tsikot

please explain how time deposit works?