Answers

II.
taxpayer is resident citizen liable for income earned within and outside the Phils.
b - not an exclusion. will not qualify under sec. 32B because he is not a member of national sports association nor
was the match sanctioned by international sports associAtion <- not 100% accurate but something like this.
c - get a tax credit certificate or prove that payment was already made
pacquiao case

III
taxpayer is resident citizen liable for income earned within and outside the Phils.
b - not an exclusion. will not qualify under sec. 32B because he is not a member of national sports association nor
was the match sanctioned by international sports associAtion <- not 100% accurate but something like this.
c - get a tax credit certificate or prove that payment was already made
situs rules found in section 42 to determine whether income is earned within or outside the philippines. in case of sale
look at place of sale regardless of citizenship or nationality of taxpayer.
IV
a) Mr. E = 50,000 pesos; Ms. F = 50,000 pesos
b) Mr. E= P100,000 total (50,000 personal exemption + 25,000 per dependent child; Ms.F=P50,000 personal
exemption
c) Mr. E=P150,000 (PE + 4 dependents); Ms.F=P50,000 (PE)

V
10% FWT
10% FWT
25% FWT
Exempt
30% FWT, but may be entitled to lower treaty rate or tax sparing rule under Sec. 28(B)(5)(b)

VII

MR first?
IX
a) The CTA did not acquire jurisdiction over the petition of FFF, Inc. Administrative remedies must first be exhausted
before a Petition for Review with the CTA may prosper. After filing a claim for unutilized input VAT, the taxpayer may
either wait for the BIR to act, or wait 120 days from date of filing and subsequent inaction of the BIR before he can
elevate his claim to the CIR. The petition here having been filed less than 120 days from the BIR's inaction, the CTA
did not acquire jurisdiction over the claim for refund of FFF. (CIR vs. San Roque)
b) The taxpayer has to wait 120 days from the date of his filing to the BIR, and if the BIR doesn't act upon his
administrative claim for refund, he may elevate the same via a Petition for Review to the CTA division within 30 days
from BIR's inaction on his petition, i.e. 30 days from the date the 120 days expired..
XI
Are benefits which are relatively small in value given to employees by employers to uplift health, well-being or done
for good-will and are generally exempt from taxation as in witholding or fringe benefits tax. Ex. Vacation leave that has
been monetized not exceeding 10k php, monthly rice allowance amounting to 1.5k php, clothing allowance not
exceeding 5k per year.
XV

Use Optional Standard deduction which is 40% of his gross reciepts.

XVI
Republic vs Paraaque GR 191109