Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you answer these multiple choice? 1 . An individual whose residence is not within the Philippines and who is not a citizen thereof a

Can you answer these multiple choice?
1. An individual whose residence is not within the Philippines and who is not a citizen thereof
a. Resident citizen
b. Non-resident alien
c. Resident alien
d. Non-resident citizen
2. Who is a resident citizen?
a. A citizen who went on tour abroad
b. A citizen of the Philippines who establishes to the satisfaction of the CIR the fact of his physical presence abroad with a definite intention to reside therein
c. A citizen of the Philippines who leaves the Philippines during the taxable year to reside abroad
d. A citizen of the Philippines who works and derives income abroad and whose employment requires him to be physically present abroad most of the time during the year
3. Which of the following is an individual whose residence is within the Philippines but who is not a citizen thereof?
a. Resident citizen
b. Non-resident alien
c. Resident alien
d. Non-resident citizen
4. A non-resident alien is considered engaged in trade or business in the Philippines if he stayed therein for
a. at least 183 days.
b. at least 180 days.
c. more than 183 days.
d. more than 180 days.
5. On which of the following dates shall a citizen who left the Philippines during the year be classified as a non- resident citizen for the year?
a. May 31
b. July 31
c. July 15
d. November 30
6. An alien shall be classified as resident in 2019 if he arrived in the Philippines on which of the following dates?
a. December 30,2018
b. January 1,2019
c. July 15,2019
d. December 31,2019
7. How long does a citizen have to stay abroad before being classified as a non resident?
a. At least 183 days
b. At least 180 days
c. More than 183 days
d. More than 180 days
8. How long shall an alien have to stay in the Philippines before being classified as a resident alien?
a. At least 183 days
b. More than 183 days
c. At least 1 year
d. More than 1year
9. The length of stay of individuals for purposes reckoned as of taxpayer classification is reckoned as of
a. December 31 of the current year.
b. December 31 of the prior year.
c. the day the alien individual leaves the Philippines
d. the day the individual taxpayer files his income tax return.
10. Which of the following is not subject to regular income tax?
a. Resident citizen
b. Resident alien
c. Non-resident alien engaged in trade or business
d. Non-resident alien not engaged in trade or business
11. In 2021, an alien who has been in the country since July 1,2020 is classified as a
a. Resident citizen
b. Resident alien
c. NRA-ETB
d. NRA-NETB
12. In 2021, an American who had been a resident in the Philippines since August 14,2021 is a
a. resident citizen.
b. resident alien.
c. NRA-ETB
d. NRA-NETB M

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Health Care Finance

Authors: William O. Cleverley, James O. Cleverley, Paula H. Song

7th Edition

0763789291, 978-0763789299

More Books

Students also viewed these Finance questions

Question

1. Offer surprise rewards for good participation in class.

Answered: 1 week ago