Professional Documents
Culture Documents
Study :
5. Kinds of Taxpayers
5.1. Individuals
5.1.1citizens
a. Resident citizens
b. Non resident citizens
5.1.2. aliens
a. resident aliens
b. non-resident aliens
b.1. engaged in trade
b.2. not engaged in trade
5.1.3. Special class of Individuals/employees
a. Minimum wage earner
5.2. Corporations
5.2.1 Domestic corporations
5.2.2 Foreign Corporations
a. Resident Foreign Corporations
b. Non resident foreign Corporation
5.2.3 Joint Venture and Consortium
5.2.4 Partnerships
5.2.5. General Professional Partnerships
5.2.6 Estates and Trusts
5.2.7. Co-Ownerships
7. Meaning of Income
10. Taxation of Resident Citizens, Non Resident Citizens and Resident aliens
10.1. Resident Citizens are taxable on Income derived from all sources within
and without the Phils.
10.2. Non resident Citizens are taxable on income derived from sources
within the Phils (OFW)
10.3. Resident aliens are taxable on income derived from within the
Philippines
Resource Materials:
Guide Notes on Income Taxation