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Quiz 002 Classification of Taxpayers

The document classifies different types of taxpayers and their tax bases for income tax purposes. It provides examples of individual taxpayers and asks to classify them as resident citizen, non-resident citizen, resident alien, non-resident alien engaged in trade or business, or non-resident alien not engaged in trade or business. It also gives examples of different entities like corporations, partnerships, estates, and joint ventures and asks to classify them as domestic corporations, resident foreign corporations, or non-resident foreign corporations. For each classification, it asks to indicate whether the taxpayer's tax base is gross taxable revenue or net taxable income.

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2K views2 pages

Quiz 002 Classification of Taxpayers

The document classifies different types of taxpayers and their tax bases for income tax purposes. It provides examples of individual taxpayers and asks to classify them as resident citizen, non-resident citizen, resident alien, non-resident alien engaged in trade or business, or non-resident alien not engaged in trade or business. It also gives examples of different entities like corporations, partnerships, estates, and joint ventures and asks to classify them as domestic corporations, resident foreign corporations, or non-resident foreign corporations. For each classification, it asks to indicate whether the taxpayer's tax base is gross taxable revenue or net taxable income.

Uploaded by

Pinky Daisies
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Name: ____________________________________ Course: Income Taxation (TX511/AE26)

Student ID No.______________________________ Program: ________________________


Score : _____________

CLASSIFICATIONS OF TAXPAYERS AND ITS TAX BASE

PART I : Determine the correct classification of the following individual taxpayers for taxable year
2018:

1. Manny, a Filipino businessman, went on a business trip abroad and stayed there most of the
time during the year.
2. Kyla, a Filipino professional singer, held a series of concerts in various countries around the
world during the current taxable year. She stayed abroad most of the time during the year.
3. Efren, a Filipino “cue” artist went to Canada during the taxable to train and participate in the
world cup of pool. He Stayed there most of the time during the year.
4. Mr. Almazor Sebastian, an Iranian and a resident of Tehran, Iran stayed in the Philippines from
July 1-15, 2018 to watch the 2018 FIBA Asia World Cup Qualifier held in MOA. During his stay, he
bought equity investments from Alpha and Delta Corporations (Domestic Corporations). He
likewise invested in a mutual fund of Bank de Isla de Pilipinas, a local bank.
5. Due to his expertise, Engr. Pedro D. Magiba (a freelancer) was hired by a foreign petroleum
contractor in Thailand to provide technical assistance for two months from February to March.
He was hired again for the months of June-July and October to December of the same taxable
year.
6. In October 2018, Mr. Bald Nha, An American basketball coach was hired as a team consultant by
one of the teams in the Basketball Association (PBA) for one conference which will last for a
period of not more than three (3) months from October to December 2018. His coming to the
Philippines was for a definite purpose. However, he was subsequently chosen to coach Gilas, the
Philippine’s National Basketball team and lead the countries campaign for the upcomning FIBA
World Cup Qualifying tournament to be held in Manila in July 2019. The American mentor
intends to leave the Philippines as soon as his job is finished.

PART II: INSTRUCTIONS


Indicate whether the taxpayer is a RESIDENT CITIZEN, NON-RESIDENT CITIZEN, RESIDENT
ALIEN, NON-RESIDENT ALIEN ENGAGE ON TRADE OR BUSINESS, NON RESIDENT ALIEN NOT
ENGAGE ON TRADE OR BUSINESS DOMESTIC CORPORATIONS, RESIDENT FOREIGN
CORPORATIONS AND NON RESIDENT FOREIGN CCORPORATION. ALSO, INDICATE THE TAX
BASE IF THE TAXPAYER IS TAXABLE AT GROSS TAXABLE REVENUE OR NET TAXABLE INCOME.

# Person or entity Classification Tax Base


1. An overseas Filipino Worker

2. A Filipino who is privately employed in the


Philippines
3. An unemployed Filipino residing in the Philippines

Income Taxation montareal.crisfolo@gmail.com


Taxpayers and Tax Base 09206829264/09673007517
Week 5
4. A Chinese businessman who have his domicile in the
Philippines for 6 months

5. A Japanese who married a Filipina and residing in the


Philippines for 2 years
6. An American tourist in boracay

7. A 2nd year Korean college student studying in FEU.


8. A corporation incorporated under the Philippine Law

9. A foreign corporation doing business in the


Philippines
10. Donation of a property in trust designated by the
donor as irrevocable

11. Donation of a property in trust designated by the


donor as revocable
12. A business partnership

13. A joint venture organized under a foreign law and is


not operating in the Philippines
14. An estate of a Filipino citizen extra judicially
administered in the Philippines

15. A taxable joint venture in the Philippines

Income Taxation montareal.crisfolo@gmail.com


Taxpayers and Tax Base 09206829264/09673007517
Week 5

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