Philippines want to impose a tax on the people of China because there are many Chinese people who migrated in the Philippines and China is benefited to the resources of the country. The Phil Govt passed a law imposing a tax on all the people living in China, including its properties. Is the law valid?     a. No, because tax laws are jurisdictional b. No, because tax laws are for the benefit of Filipino people, not other countries. c. No, because there is no due process d.  Yes, because, resident citizens are taxable within and without the Philippines

Q: The following table shows the effect of an import tariff on the nation of Isoland. Complete the…

A: A tax that is being imposed by one country on the goods and services that are being imported from…

Q: The United States operates utilizes a progressive tax system. What exactly does this mean? Do you…

A: Income tax:    It is the amount a person is liable to pay on the earned amount in an accounting…

Q: Malaysia

A: In Malasia individuals are taxed on slab rates provoded…

Q: . Tax Jurisdiction and Double Taxation Basis for taxation come from three common bases for…

A: “Since you have posted multiple questions, we will solve first question for you. If you want any…

Q: The concept of reverse onus, as it relates to taxation in Canada, suggests: Select one:

A: In the intricate landscape of Canadian taxation, the concept of reverse onus holds significant…

Q: Research the topic "Puerto Rico as a Domestic Tax Haven: Relocating as an Alternative to…

A: A brief summary of the rules, beneficiaries, benefits, and tax planning tips based on the…

Q: The United States uses the U.S. Model Income Tax Convention as a starting point for treaty…

A: The U.S. Model Income Tax Convention is a treaty between the United States and another country that…

Q: Imagine you are a CPA and your foreign client currently uses an agent for its U.S. operations. She…

A: Branch Operations in the United StatesBranch operations refer to the physical presence of a foreign…

Q: Under which circumstances is a Canada-based worker most likely to join the 'brain drain' and…

A: When people immigrate from Canada to the United States affects economic growth, productivity, and…

Q: Why is the personal income tax considered less stable than a consumption tax and how do U.S.…

A: Personal Income Tax vs. Consumption Tax: Personal income tax is considered less stable than a…

Q: Which one of the following is not true? All federal tax laws must originate in US Senate When the US…

A: Federal tax laws, also known as federal tax regulations or federal tax code, refer to the body of…

Q: c) What are the advantages and disadvantages of voluntarily registering for GST?

A: What are the Advantages and disadvantages of voluntarily  registering  for GST?

Q: ABC Co. was incorporated in Canada in 2015, however, it never did business in Canada. It had a…

A: A Canadian-resident corporation is subject to provincial or territorial corporate income tax if it…

Q: The gross estate of a decedent included the following: Land & building, Philippines Cost P1,600,000…

A: According to the principle of reciprocity, only the taxpayer's home state will deduct income taxes…

Q: a) Explain, in three sentences or less, ‘cross-credit’ in relation to the foreign tax credit. Make…

A: ‘’Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: U.S. corporations are eligible for a foreign tax credit for withholding taxes imposed on dividends…

A: Introduction:- Discussion of issue" U.S. corporations are eligible for a foreign tax credit for…

Q: The United States uses the U.S. Model Income Tax Convention as a starting point for treaty…

A: The U.S. Model Income Tax Convention, the OECD Model Tax Convention, and the UN Model Tax Convention…