A taxpayer received during the taxable year the following passive income derived from within the Philippines. Interest on bank deposit under FCDU (net) P 231,250 Royalty on a software application (gross) 95,000 Dividend income RFC (gross) 150,000 If taxpayer is a non-resident alien engaged in business, the final tax on the above passive income would amount to P19,000 P 28,250 P 37,750 P 52,750
A taxpayer received during the taxable year the following passive income derived from within the Philippines. Interest on bank deposit under FCDU (net) P 231,250 Royalty on a software application (gross) 95,000 Dividend income RFC (gross) 150,000 If taxpayer is a non-resident alien engaged in business, the final tax on the above passive income would amount to P19,000 P 28,250 P 37,750 P 52,750
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A taxpayer received during the taxable year the following passive income derived from within the Philippines.
Interest on bank deposit under FCDU (net) P 231,250
Royalty on a software application (gross) 95,000
Dividend income RFC (gross) 150,000
If taxpayer is a non-resident alien engaged in business, the final tax on the above passive income would amount to
Interest on bank deposit under FCDU (net) P 231,250
Royalty on a software application (gross) 95,000
Dividend income RFC (gross) 150,000
If taxpayer is a non-resident alien engaged in business, the final tax on the above passive income would amount to
P19,000
P 28,250
P 37,750
P 52,750
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