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Philippine Bar review · Question

Practice question: Criteria in Imposing Income Tax

Multiple Choice Easy

Practice question

For NIRC23(C)'s express seaman treatment, the vessel must be engaged in what trade?
  1. Only domestic inter-island trade.
  2. Exclusively international trade.
  3. Any activity whatsoever merely because it floats.
  4. Only sale of land.
  5. Only construction of a harbor.

Legal references

  • NIRC, Sections 5-7,22-23 and32, as enacted in RA8424 and subject to the cited later amendments: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html
  • RA12214, May29,2025, CMEPA, including amended NIRC Sections22,25 and32: https://lawphil.net/statutes/repacts/ra2025/ra_12214_2025.html
  • RA12066, CREATE MORE, Section3 amending NIRC32(B)(5) treaty exclusions: https://lawphil.net/statutes/repacts/ra2024/ra_12066_2024.html

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