Shares are not deemed property within the Philippines when a. The shares are issued by a domestic corporation. b. The shares are issued by a foreign corporation with no business situs in the Philippines. c. The shares are issued by a foreign corporation with 85% business in the Philippines. d. The shares are issued by a corporation organized under Philippine laws.

Shares are not deemed property within the Philippines when a. The shares are issued by a domestic corporation. b. The shares are issued by a foreign corporation with no business situs in the Philippines. c. The shares are issued by a foreign corporation with 85% business in the Philippines. d. The shares are issued by a corporation organized under Philippine laws.

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter9: Taxation Of International Transactions

Section: Chapter Questions

Problem 30P

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