Gain on sale of domestic stock directly to buyer P50,000 Dividend from resident foreign corporation 200,000.00 Dividend from foreign corporation 150,000.00 Capital gains tax from sale of property located in the Philippines 120,000.00 Interest income from local banks 75,000.00 Interest income from domestic corporation 120,000.00 Business income, Philippines 500,000.00 Business income, China 1,000,000.00 Capital gains tax from sale of property located outside the Philippines 25,000.00 Q1. How much is the income subject to Capital gain tax, if the taxpayer is a Resident Citizen