red in Cavite, P120,000. The sale was perfected in Hong Kong. Business income of a service business in Ireland, P600,000. Interest income from a resident debtor collec
During the year, Sabrina earned the following.
Rent received during trip in Macau for properties in Bulacan, P370,000.
Gain on sale of technical gadgets stored in Cavite, P120,000. The sale was perfected in Hong Kong.
Business income of a service business in Ireland, P600,000.
Interest income from a resident debtor collected whilst on business travel in Phnom Penh, P40,000.
Compensation income from a domestic employer, P420,000.
Consultancy fees for professional services rendered to an Filipino company, P100,000.
Increase in the fair value of domestic stocks, P80,000.
Question:
1. If Sabrina is a resident citizen, how much is her total income liable to income tax?
2. If Sabrina is a resident alien, how much is her total income liable to income tax?
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