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A taxpayer had the following income: a.) Gain on sale of domestic stocks - P200,000............ b.) Gain on sale of foreign bonds - P100,000............ c.)

A taxpayer had the following income:

a.) Gain on sale of domestic stocks - P200,000............ b.) Gain on sale of foreign bonds - P100,000............ c.) Gain on sale of a commercial lot in Surigao City - P500, 000.............. d.) Gain on sale of car in Australia - P200,000............. e.) Gain on sale of machineries in Baguio - P250, 000.............. f.) Interest income on foreign bonds - P50, 000.............. g.) Dividends on domestic stocks - P150,000.............. Compute for the income without Philippines.

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