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Chapter 3 - Introduction to Income Tax Tomb a. b. a. a. a. 9. An alien who stayed less than one year in the Philippines

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Chapter 3 - Introduction to Income Tax Tomb a. b. a. a. a. 9. An alien who stayed less than one year in the Philippines is classified as a non- resident alien not engaged in trade or business if he stayed herein for less than 180 days c. 183 days 1 year d. 2 years 10. A corporation incorporated according to Philippines laws is a Domestic corporation c. Non-resident corporation b. Resident corporation d. De jure corporation 11. A foreign corporation which is not authorized to conduct business in the Philippines is a a. Domestic corporation c. Non-resident corporation b. Resident corporation d. De jure corporation 12. A foreign corporation which operates a branch in the Philippines is a Domestic corporation c. Non-resident corporation b. Resident corporation d. De jure corporation 13. A partnership which dominantly operates business abroad is a Domestic corporation c. Non-resident corporation b. Resident corporation d. De jure corporation USE 14. Which is required to pay income tax? a. Revocable trusts insbeson soba b. Estates under extrajudicial settlement C. Co-ownership m bomo za d. Business partnership 15. Which is not an income taxpayer? Non-resident foreign corporation is boos toaleto 2010 b. Non-resident alien not engaged in trade or business C. Joint venture engaged in energy operation pursuant to a service contract with the government bbonds Boat d. Irrevocable trusts 16. Which of the following taxpayers is taxable only on income earned from the Philippines? Resident corporation c. Resident citizen b. Domestic corporation d. All of these 17. All of the following are taxable only on income earned from sources within the Philippines, except Resident alien c. Non-resident corporation b. Non-resident citizen d. Domestic corporation a. a. a

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