Maki is a stockholder in both Agrix Corporation (domestic corporation) and Atlanta corporation (non-resident foreign corporation). During the year, Jhaeron earned P100,000 dividends from Agrix and P300,000 dividends from Atlanta. Maki is a Filipino citizen residing in the Philippines. How much of the dividend income of Maki is subject to income tax in the Philippines?

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Maki is a stockholder in both Agrix Corporation (domestic corporation) and
Atlanta corporation (non-resident foreign corporation). During the year, Jhaeron
earned P100,000 dividends from Agrix and P300,000 dividends from Atlanta.
Maki is a Filipino citizen residing in the Philippines. How much of the dividend
income of Maki is subject to income tax in the Philippines?

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