Pierre de Savigny, a Frenchman, arrived in the Philippines on January 1, 2013, and continued to live and engage in business in the Philippines. He went on a tour of Southeast Asia from August 1 to November 5, 2013. He returned to the Philippines on November 6, 2013, and stayed until April 15, 2014, when he returned to France. He earned during his stay in the Philippines a gross income of P 3M from his investments in the country. For the year 2013, Pierre’s taxable status is that of non – resident alien not engaged in trade or business in the Philippines a non – resident alien engaged in trade or business in the Philippines. A resident alien not engaged in trade or business in the Philippines. A resident alien engaged in trade or business in the Philippines.
Pierre de Savigny, a Frenchman, arrived in the Philippines on January 1, 2013, and continued to live and engage in business in the Philippines. He went on a tour of Southeast Asia from August 1 to November 5, 2013. He returned to the Philippines on November 6, 2013, and stayed until April 15, 2014, when he returned to France. He earned during his stay in the Philippines a gross income of P 3M from his investments in the country. For the year 2013, Pierre’s taxable status is that of non – resident alien not engaged in trade or business in the Philippines a non – resident alien engaged in trade or business in the Philippines. A resident alien not engaged in trade or business in the Philippines. A resident alien engaged in trade or business in the Philippines.
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 48P
Related questions
Question
Pierre de Savigny, a Frenchman, arrived in the Philippines on January 1, 2013, and continued to live and engage in business in the Philippines. He went on a tour of Southeast Asia from August 1 to November 5, 2013. He returned to the Philippines on November 6, 2013, and stayed until April 15, 2014, when he returned to France. He earned during his stay in the Philippines a gross income of P 3M from his investments in the country. For the year 2013, Pierre’s taxable status is that of
non – resident alien not engaged in trade or business in the Philippines
a non – resident alien engaged in trade or business in the Philippines.
- A resident alien not engaged in trade or business in the Philippines.
- A resident alien engaged in trade or business in the Philippines.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you