Situs of Income Taxation

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1. For ordinary personal property bought in one country and sold in another, Section42(E) generally assigns the gain to wh… Multiple Choice Easy
2. A foreign corporation derives only40% of its gross income from Philippine sources during the relevant statutory three-y… Multiple Choice Medium
3. A foreign corporation has PHP6 million Philippine-source gross income and PHP10 million worldwide gross income for the … Multiple Choice Medium
4. A manufacturer produces goods in the Philippines and sells them abroad. This is not a mere purchase-and-resale transact… Multiple Choice Hard
5. Satellite airtime charges arise only upon successful transmission to Philippine gateway facilities; call setup and inco… Multiple Choice Hard
6. Explain the foreign-corporation dividend source rule in Section42(A)(2)(b). Compare relevant Philippine-source gross-in… Essay Medium
7. Compare personal property manufactured in the Philippines and sold abroad with ordinary goods purchased in the Philippi… Essay Medium
8. A copyright license permits use wholly in Japan, while another permits use wholly in the Philippines. The owner receive… Essay Medium