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Questions and Answers
Who are considered individual income taxpayers?
Who are considered individual income taxpayers?
- Resident citizens and non-resident citizens
- Resident citizens and resident aliens
- Resident aliens and non-resident citizens
- Resident citizens, resident aliens, and non-resident citizens (correct)
What does 'NRA ETB' stand for in the context of income taxpayers?
What does 'NRA ETB' stand for in the context of income taxpayers?
- Non-Resident Alien for Employment Taxation Bureau
- Non-Resident Alien for Employment Tax Benefits
- Non-Resident Alien Engaged in Trade or Business (correct)
- Non-Resident Alien Employed in the Philippines
Under what conditions does a person qualify as a non-resident citizen?
Under what conditions does a person qualify as a non-resident citizen?
- If they establish to the satisfaction of the Commissioner the fact of their physical presence abroad with a definite intention to reside therein (correct)
- If they have dual citizenship
- If they work and derive income from abroad
- If they have been residing abroad for at least 5 years
What is the tax status of a non-resident alien who is not engaged in trade or business in the Philippines?
What is the tax status of a non-resident alien who is not engaged in trade or business in the Philippines?
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Who are considered as corporations for income taxation purposes?
Who are considered as corporations for income taxation purposes?
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