Practice question
Explain why OSD eligibility cannot be decided from the word nonresident alone. Compare a nonresident citizen, a nonresident alien and a resident foreign corporation, assuming each relevant income-tax category and other facts are established.
Legal references
- RA10963 TRAIN: https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html OSD provision.
- RR16-2008: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/10/43850 Section2.
- RA11976 Ease of Paying Taxes Act: https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html Section5, current paragraph renumbering.
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