Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following dividends will be subject to final tax in the Philippines? a.Dividends received from foreign corporation, the gross income of which from

Which of the following dividends will be subject to final tax in the Philippines?

a.Dividends received from foreign corporation, the gross income of which from Philippine sources is 45%, by resident citizen.

b.Dividend received from a domestic corporation by a domestic corporation.

c.Dividend received from non-resident foreign corporation by a resident alien.

d. Dividend received from a domestic corporation by a non-resident foreign corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Financial Accounting

Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow

1st Canadian Edition

ISBN: 1118757149, 978-1118757147

More Books

Students also viewed these Accounting questions

Question

Be prepared to discuss your career plans.

Answered: 1 week ago