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A taxpayer had the following data: Gross Income, USA Gross Income, Philippines Interest on peso deposit at MBTC, Phils (maturity of 6 years) Interest on

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A taxpayer had the following data: Gross Income, USA Gross Income, Philippines Interest on peso deposit at MBTC, Phils (maturity of 6 years) Interest on dollar deposit at Bank of America (P40:$1) Dividend income from domestic corporation Share in profits of a taxable partnership Dividend from a non-resident foreign corporation Prize in a barangay beauty pageant Casual sale of shares of stock of a domestic corporation (direct to buyer) SP - P800,000, FMV 850,000, Cost P450,000 P1,500,000 2,500,000 10,000 10,000 20,000 50,000 25,000 5,000 Capital gain on sale of bonds Royalty on books published by Made Easy Bookstore, Manila Expenses, USA Expenses, Philippines 12,000 15,000 P950,000 1,000,000 Final taxes if resident citizen Final taxes if non-resident citizen Final taxes if resident alien Final taxes if non-resident alien engaged in trade or business in the Philippines Final taxes if non-resident alien not engaged in trade or business in the Philippines (disregard data for gross income and expenes) Final taxes if domestic corporation Final taxes if resident foreign corporation Final taxes if non-resident foreign corporation Capital gains tax Taxable Income if resident citizen Taxable Income if non-resident citizen Taxable Income if resident alien Taxable income if NRA-ETB Taxable Income if NRA-NETB Taxable Income if DOMESTIC CORP Taxable INcome if RFC Taxable income if NRFC A taxpayer had the following data: Gross Income, USA Gross Income, Philippines Interest on peso deposit at MBTC, Phils (maturity of 6 years) Interest on dollar deposit at Bank of America (P40:$1) Dividend income from domestic corporation Share in profits of a taxable partnership Dividend from a non-resident foreign corporation Prize in a barangay beauty pageant Casual sale of shares of stock of a domestic corporation (direct to buyer) SP - P800,000, FMV 850,000, Cost P450,000 P1,500,000 2,500,000 10,000 10,000 20,000 50,000 25,000 5,000 Capital gain on sale of bonds Royalty on books published by Made Easy Bookstore, Manila Expenses, USA Expenses, Philippines 12,000 15,000 P950,000 1,000,000 Final taxes if resident citizen Final taxes if non-resident citizen Final taxes if resident alien Final taxes if non-resident alien engaged in trade or business in the Philippines Final taxes if non-resident alien not engaged in trade or business in the Philippines (disregard data for gross income and expenes) Final taxes if domestic corporation Final taxes if resident foreign corporation Final taxes if non-resident foreign corporation Capital gains tax Taxable Income if resident citizen Taxable Income if non-resident citizen Taxable Income if resident alien Taxable income if NRA-ETB Taxable Income if NRA-NETB Taxable Income if DOMESTIC CORP Taxable INcome if RFC Taxable income if NRFC

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