Who among the following taxpayers may avail of the optional standard deduction? Non-resident alien engaged in trade or business in the Philippines. Non-resident alien not engaged in trade or business in the Philippines. O Resident foreign corporations O Non-resident owners, lessors, and distributors of cinematographic films.

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter16: Multijurisdictional Taxation
Section: Chapter Questions
Problem 27P
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Who among the following taxpayers may avail of the optional standard
deduction?
O Non-resident alien engaged in trade or business in the Philippines.
O Non-resident alien not engaged in trade or business in the Philippines.
Resident foreign corporations
O Non-resident owners, lessors, and distributors of cinematographic films.
Transcribed Image Text:Who among the following taxpayers may avail of the optional standard deduction? O Non-resident alien engaged in trade or business in the Philippines. O Non-resident alien not engaged in trade or business in the Philippines. Resident foreign corporations O Non-resident owners, lessors, and distributors of cinematographic films.
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