Classify whether it is TRUE or FALSE.

1) Royalties are considered income from sources within the Philippines if they come from the use of intangible property located in the Philippines.

2) Gains, profits and income from the sale of personal property, purchased without and sold within the Philippines shall be treated as income derived in full from sources within the Philippines.

3) Expenses, losses and other deductions properly allocated to income from sources within shall be deducted from the items of gross income derived from sources within the Philippines.

4) Compensation for labor or personal services performed outside the Philippines shall be considered income from sources within the Philippines if it pertains to a resident citizen.

5) Rentals or royalties from property located outside the Philippines or from any interest on such property including rentals or royalties for the use of or for the privilege of using outside the Philippines, patents, copyrights, secret processes and formulas, goodwill, trademarks, trade brands, franchises and other like properties shall be considered income from sources in the Philippines.

6) Gains, profits and income from the sale of real property located outside the Philippines shall be considered income from sources without the Philippines even if the transaction takes place in the Philippines.

7) Income from services performed partly within and partly without the Philippines shall be considered partly within and partly without the Philippines. 8) Gain from the sale of shares of stock in a domestic corporation regardless of where the said shares are sold shall be treated as derived entirely from sources within the Philippines.

9) A dividend from a foreign corporation shall be considered partly from within the Philippines and partly from outside the Philippines if the ratio of Philippine gross income over the total gross income for the preceding 3 years prior to declaration of dividends is less than 50%.

10) Dividend from foreign corporation where the ratio of the gross income derived from Philippine sources over the total world gross income of such foreign corporation for the preceding 3 years prior to declaration of dividends is more than 85% shall be considered as income purely from Philippine source.