ckie derives its sole income from Zhakie. Said income is normally subject to withholding taxes. Jackie found out that there is a statute providing tax exemption. Knowing he is within the scope of the exemption, Jackie asked Zhakie to return the previously withheld amount. Zhakie refuses to do so since the related expense might be disallowed if it fails to withhold. Who has the responsibility to prove that Jackie is exempted? Zhakie BIR Congress Jackie
ckie derives its sole income from Zhakie. Said income is normally subject to withholding taxes. Jackie found out that there is a statute providing tax exemption. Knowing he is within the scope of the exemption, Jackie asked Zhakie to return the previously withheld amount. Zhakie refuses to do so since the related expense might be disallowed if it fails to withhold. Who has the responsibility to prove that Jackie is exempted? Zhakie BIR Congress Jackie
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jackie derives its sole income from Zhakie. Said income is normally subject to withholding taxes. Jackie found out that there is a statute providing tax exemption. Knowing he is within the scope of the exemption, Jackie asked Zhakie to return the previously withheld amount. Zhakie refuses to do so since the related expense might be disallowed if it fails to withhold.
Who has the responsibility to prove that Jackie is exempted?
Zhakie
BIR
Congress
Jackie
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