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Philippine Bar review · Question

Practice question: Compensation Income

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Practice question

A lawyer receives a fixed salary as an employee and fees from a genuinely independent outside practice. Explain how the two sources should be analyzed.

Legal references

  • RR 8-2018, Section 2: https://bir-cdn.bir.gov.ph/local/pdf/RR%20No.%208-2018.pdf
  • NIRC Section 24(A), as amended by RA 10963, Section 5: https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html

Answer this question in flashcards to review your response and continue practicing.