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I. Royalty Income Pacman is a resident Filipino citizen, an inventor, a song writer and international singer. He receives royalties within and outside the
I. Royalty Income Pacman is a resident Filipino citizen, an inventor, a song writer and international singer. He receives royalties within and outside the Philippines as follows: Royalties from pain reliever invention Royalties from musical compositions Royalties from books What is the amount of final tax on royalty income? What is the amount of royalty income subject to regular tax? PH Abroad 100,000.00 200,000.00 200,000.00 300,000.00 500,000.00 100,000.00
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