Chief Finance Officer
President/managing partner of the corporation/company/general professional
Pedro’s income tax due for the year amounted to P80,000. He may elect to pay the tax due on
instalment as follows:
Income received by the estate during the period of administration or settlement of the estate,
for tax purposes is known as
Which of the following is subject to income tax?
SSS and GSIS
Philippine Health Insurance Corporation (PHIC)
Local Water Districts
Philippine Amusement and Gaming Corporation (PAGCOR)
Which of the following corporations shall pay a tax equal to thirty percent (30%) of the gross
income received during each taxable year from all sources within the Philippines?
Interest income receive from a depository bank under expanded foreign currency deposit system
beginning January 1, 2018
or upon effectivity of the TRAIN Law shall be subject to: