2. Mariah is an American singer and was engaged to sing for three hours per night for straight - five (5) days between October 1-5, 2022 in Araneta Coliseum in the Quezon City, Philippines. After which she will return to the USA. For income tax purposes, she will be classified as:

Taxable only from income from sources within the Philippines only, except:

The gross income of alien individuals employed by POGO entities shall include:

Which of the following interest income derived within the Philippines is subject to basic income tax?

Which of the following income of an individual taxpayer is subject to final tax?

A Filipino Citizen is a natural person who is:

I. Born by birth with father and/or mother as Filipino citizens.

II. Born before January 17, 1963 of Filipino mother who elects Philippine citizenship upon reaching the age of majority.

III. Acquired Philippine citizenship after birth (naturalized) in accordance with Philippine laws.

IV. Those citizens of the Philippines before and at the time of adaptation of the Constitution on February 2, 1987.

The excess of de minimis and other benefits over their respective ceilings prescribed under the regulations shall be:

Statement I - Meal allowance and lodging furnished by the employer to the employees are exempt from tax if the purpose is for the “advantage of the employer”.

Statement II – Daily meal allowance for overtime work and night/graveyard shifts not exceeding twenty-five (25%) of the basic minimum wage.

The cost of educational assistance extended by an employer to the dependents of an employee shall be treated as taxable fringe benefit, unless:

Statement I – Representation and transportation allowance given regularly on a monthly basis are not taxable fringe benefits but taxable as compensation income subject to basic tax.

Statement II – Expenses in connection with attending business meeting or convention in the Philippines such as food, beverages and transportation are non-taxable benefits of the employee

Statement I - Monetized unused sick leave credits of private employees not exceeding ten (10) days during the year.

Statement II - monetized value of vacation and sick leave credits to government officials and employees

Fringe benefit tax is computed based on the:

Senior citizens and persons with disabilities deriving returnable income during the taxable year, whether from compensation or otherwise, are:

Which of the following sale transactions is not subject to capital gains tax?

What is the tax rate of share in the distributable net income after tax of partnership (except GPP) for Non-Resident Alien-Engaged in Trade Business.

Share in the net distributable income of a general professional partnership by a resident citizen is subject to:

Mr. Jose Danupan-Dayukdok is a resident citizen who received PCSO winnings amounting to Php 10,000.00. What type of income tax will apply?

Mr. Johnny Tomfred a Non-Resident Alien not engaged in trading business received PCSO winnings amounting to Php 10,000.00. What type of income tax will apply

Situs of taxation for the following:

Type of Individual

Resident Citizen

Resident Alien

Nonresident Alien ETB

It is an official document that empowers a Revenue Officer to examine and scrutinize a taxpayer’s books of accounts and accounting records, in order to determine the taxpayer’s correct internal revenue and tax liabilities.

Which court has jurisdiction to determine if the warrant of distraint and levy issued by the BIR is valid and to rule if the waiver of the statute of limitations was validity effected?

A civil penalty of 50% of the basic tax is imposed in case of

Mr. Jose Chan Mari filed 2018 income tax return and paid the tax due on June 30, 2019. In case of overpayment, the last day to file claim for refund is on:

The last day for the taxpayer to claim tax refund if the tax was paid in installment?

Generally, the taxpayer has the right to modify, change or amend the returns within

Statement I - The law requires that assessment must be made within three years from the date of the actual filing of the return or the deadline required by law, whichever is later.

Statement II - If the taxpayer files his return before the due date, the assessment, the prescriptive period is three years after the due date.

Statement III - In case of late filing of returns, the prescriptive period is three years after the return was actually filed.

If a taxpayer found to be liable for deficiency tax/es in the course of investigation conducted by a Revenue Officer, the taxpayer shall be informed through issuance of this letter.

It is plea for a re-evaluation of an assessment on the basis of existing records without the need of an additional evidence which may involve a question of facts or of law or both.

If a personal property is physically seized by the CIR/BIR and offered for sale at public auction of which the property is sold to the highest bidder and the proceeds of the sale are applied to the payment of the tax due

. It is defined as any time prior to the consummation of the sale, all proper charges (taxes, interest and penalties) are paid to the officer conducting the sale, the goods or effects distrained shall be restored to the owner.

A contract whereby the taxpayer and the government by reciprocal concessions avoid a litigation or put an end to one already commenced

3. Statement I – The BIR must issue LOA prior on issuing a PAN, FAN or FDDA.

Statement II – Absence of Letter of Authority makes the assessment unauthorized.

It is used to validate the legal claims or charge of the government on identified property of the taxpayer either personal or real, as security for the payment of his tax liabilities

Ms. Petra Susungpapa filed her ITR last October 15, 2019, the last day for the BIR to assess his filed tax returns would be?