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    Angelyka Grace CadIz
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    The document discusses taxation rules for non-resident alien individuals (NRAIs) in the Philippines. The general rule is that NRAs are subject to income tax in the same manner as citizen and resident alien individuals on taxable income from sources within the Philippines. NRAs staying in the Philippines for an aggregate period of 180 days or more in a calendar year are considered non-resident alien engaged in trade or business (NRAETB). Cash and property dividends as well as capital gains received by NRAETBs are subject to the same tax rules and exemptions as residents. However, the tax rate for cash and property dividends received by NRAETBs is 20% income tax rather than the usual 10%.

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    NRANETB.pdf

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    The document discusses taxation rules for non-resident alien individuals (NRAIs) in the Philippines. The general rule is that NRAs are subject to income tax in the same manner as citizen and resident alien individuals on taxable income from sources within the Philippines. NRAs staying in the Philippines for an aggregate period of 180 days or more in a calendar year are considered non-resident alien engaged in trade or business (NRAETB). Cash and property dividends as well as capital gains received by NRAETBs are subject to the same tax rules and exemptions as residents. However, the tax rate for cash and property dividends received by NRAETBs is 20% income tax rather than the usual 10%.

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    © All Rights Reserved
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    13 views1 page

    Nranetb PDF

    Uploaded by

    Angelyka Grace CadIz
    The document discusses taxation rules for non-resident alien individuals (NRAIs) in the Philippines. The general rule is that NRAs are subject to income tax in the same manner as citizen and resident alien individuals on taxable income from sources within the Philippines. NRAs staying in the Philippines for an aggregate period of 180 days or more in a calendar year are considered non-resident alien engaged in trade or business (NRAETB). Cash and property dividends as well as capital gains received by NRAETBs are subject to the same tax rules and exemptions as residents. However, the tax rate for cash and property dividends received by NRAETBs is 20% income tax rather than the usual 10%.

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    of 1

    THE AWESOME NOTES

    Page 1 of 1

    TAX ON NRANETB
    and THOSE EXEMPT

    IN RE: NRANETB

    note: EXCLUDED NRANET/B HAHA!

    IN RE: INDIVIDUAL EXEMPT


    FROM INCOME TAX
    GEN RULE
    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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