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    Genelyn Langote
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    The document discusses taxation rules for non-resident alien individuals (NRAIs) and non-resident alien entrepreneurs/businesses (NRAET/Bs) in the Philippines. It states that NRAIs are subject to income tax in the same manner as citizens and resident aliens on income from Philippine sources. It also notes that NRAET/Bs who stay in the Philippines for an aggregate of 180 days in a calendar year are considered non-resident individuals for tax purposes. The rules for taxation of cash and property dividends and capital gains are the same for NRAIs and resident aliens. The only difference is the tax rate on cash and property dividends for NRAIs, which is 20% rather than 10

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    NRANETB.pdf

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    The document discusses taxation rules for non-resident alien individuals (NRAIs) and non-resident alien entrepreneurs/businesses (NRAET/Bs) in the Philippines. It states that NRAIs are subject to income tax in the same manner as citizens and resident aliens on income from Philippine sources. It also notes that NRAET/Bs who stay in the Philippines for an aggregate of 180 days in a calendar year are considered non-resident individuals for tax purposes. The rules for taxation of cash and property dividends and capital gains are the same for NRAIs and resident aliens. The only difference is the tax rate on cash and property dividends for NRAIs, which is 20% rather than 10

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    © All Rights Reserved
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    12 views1 page

    Nranetb PDF

    Uploaded by

    Genelyn Langote
    The document discusses taxation rules for non-resident alien individuals (NRAIs) and non-resident alien entrepreneurs/businesses (NRAET/Bs) in the Philippines. It states that NRAIs are subject to income tax in the same manner as citizens and resident aliens on income from Philippine sources. It also notes that NRAET/Bs who stay in the Philippines for an aggregate of 180 days in a calendar year are considered non-resident individuals for tax purposes. The rules for taxation of cash and property dividends and capital gains are the same for NRAIs and resident aliens. The only difference is the tax rate on cash and property dividends for NRAIs, which is 20% rather than 10

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    of 1

    THE AWESOME NOTES

    TAX ON NRANETB
    and THOSE EXEMPT
    IN RE: NRANETB

    GEN RULE

    Page 1 of 1

    note: EXCLUDED NRANET/B HAHA!

    IN RE: INDIVIDUAL EXEMPT


    FROM INCOME TAX

    subject to income tax in the same manner as


    an individual citizen and resident alien
    individual
    ON TAXABLE INCOME
    from sources within the Phil

    WHO ARE NRAET/B


    those non-resident individual who shall come
    to the Phil and stay for an an aggregate period
    of 180 days during any calendar year

    CASH & PROPERTY DIVIDEND


    AND CAPITAL GAINS
    same rules for application of FIT and
    exemption from tax.

    Same treatment also for RA, in the sense that


    if it does not qualify for FIT, and the income is
    from sources without, it is then exempt from
    tax.

    NOTE: cash dividend received from FC may


    be subject to NIT
    - ff 50% 3 YEAR RULE

    ANG NAIBA LANG


    the rate for cash and/or property dividend shall
    be 20% FIT (not 10%)

    AAA - BASTE / ATB


    prepared by: ronie ablan

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