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In the Philippines, The following are the royalties received as passive income by a taxpayer for the period Source USA Philippines Books P1,200,000 P1,500,000 Literary

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In the Philippines, The following are the royalties received as passive income by a taxpayer for the period

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Source USA Philippines Books P1,200,000 P1,500,000 Literary Works 2,000,000 1,000,000 Patents 1,500,000 2,000,000 Musical Compositions 5,000,000 1,800,000

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