Practice question
Under NIRC Section 23(D), what is the general source coverage for an alien individual, resident or nonresident?
- Worldwide income in every case
- Only income from the alien's home country
- Income derived from sources within the Philippines
- Only income denominated in pesos
- Only income paid by Philippine citizens
Legal references
- NIRC Sections 4,22,23 and244: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/3896
- RA12066, CREATE MORE Act: https://lawphil.net/statutes/repacts/ra2024/ra_12066_2024.html
- RA12214, Capital Markets Efficiency Promotion Act: https://lawphil.net/statutes/repacts/ra2025/ra_12214_2025.html
Answer this question in flashcards to review your response and continue practicing.