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Can you help me with how to determine what the items are subjected to. 1. IF THE ITEM IS SUBJECTTO PASSIVE INCOME. WRITE WITH CORRESPONDING
Can you help me with how to determine what the items are subjected to.
1. IF THE ITEM IS SUBJECTTO PASSIVE INCOME. WRITE WITH CORRESPONDING TAX RATE. 2. IF THE ITEM IS SUBJECTTO ORDINARY INCOME WRITE THE LETTER " RIT " 3. IF THE ITEM IS SUBJECT TO EXEMPTED INCOME WRITE THE LETTER " Exn 4. IF THE ITEM IS SUBJECTTO CAPITAL GAIN TAX _ WRITE "CGT" WITH CORRESPONDING TAX RATE. NRANETB A INTEREST INCOME UNDER THE EXPANDED FOREIGN CURRENCY DEPOSIT SYSTEM a. DIVIDEND INCOME FROM DOMESTIC CORPORATION C. CAPITAL GAIN OF SHARES OF STOCK DOMESTIC CORPORATION THRU PSE O. ROYALTIES ON BOOKS E. PRIZES FROM SINGING CONTEST PIO,ooo F. DIVIDEND INCOME FROM FOREIGN CORPORATION G. WINNINGS pcso PIO,ooo H. INTEREST INCOME 3 YEARS DEPOSIT l. INTEREST INCOME TRUST FUND & DEPOSIT ITUTE J. SALE OF REAL PROPERTY AS PRINCIPAL RESIDENCE PRIZES OF P20,ooo_ L. INTEREST INCOME DEPOSIT 5 YEARS OR MORE M. SALE OF CAR HELD AS CAPITAL ASSETS NRC
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