Which of the following shall pay a tax of ten percent

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61. Which of the following shall pay a tax of ten percent (10%) of their taxable income?I-Regional or area headquartersII-Regional operating headquartersA.Both I and IIB.Neither I nor IIC.I onlyD.II only
62. If a branch of a foreign corp. in the Philippines remits passive income earned m the Philippines to thehead office, what is the applicable tax on the said transaction?
Taxation by Din Rose Gonzales, CPAPage 8 of 11Aim…Believe..Claim
UCP :TAX 05_INCOME TAX ON CORPORATIONSBATCH 201963. Which of the following corporations shall pay a tax equal to thirty percent (30%) of the gross incomereceived during each taxable year from all sources within the Philippines?
64. Teri Yaki Corp., a Japanese Corp. having no business in the Philippines, is engage in ship building. Itleases some of its newly constructed ships to Super Fairy Inc., a Philippine Carrier. What income tax ratewill apply to the rental payments to the lessor?
65. Rentals, charters and other fees derived by a non-resident lessor of aircraft, machineries and otherequipment in the Philippines shall be subject to a tax of:A.Twenty-five percent (25%)B.Seven and one-half percent (7 1/2%)C.Four and one-half percent(4 1/2%) of gross rentals or feesD.Two and one-half percent(2 1/2%) of gross income
66. A cinematographic film owner, lessor or distributor shall pay a tax, based on its gross income from allsources within the Philippines, of:

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Term
Spring
Professor
professor_unknown
Tags
Taxation in the United States

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