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PLEASE ANSWER THIS 3 QUESTIONS THANK YOU 64.Goyo, an active general in the Philippine Army, is engaged in trade or business. Goyo is: a.Compensation income
PLEASE ANSWER THIS 3 QUESTIONS THANK YOU 64.Goyo, an active general in the Philippine Army, is engaged in trade or business. Goyo is:
a.Compensation income earner
b.Self-employed
c.Mixed income earner
d.Exempt from taxation
65.Is one who may either be a single proprietor engaged in business or in the practice of profession:
a.Mixed income earner
b.Marginal income earner
c.Minimum wage earner
d. Self-employed individual
63. Goyo, a non-resident citizen, returned to the Philippines on July 1 with the intention of permanently resettling therein. The proper treatment of the income is: a. Income from January 1 to June 30 Within Without Taxable Exempt b. Taxable Exempt Taxable Exempt d. Taxable Taxable Income from July 1 to December 31 Within Without Taxable Taxable Taxable Exempt Exempt Exempt Taxable Taxable cStep by Step Solution
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