Sample Of Experimental Research In Pilipino Subject : Share to: / False (the nirc did not contemplate final taxation of prizes on corporations, hence, corporate prizes is deemed subject to regular income tax.) false (subject to final tax of 10%) false (they are exempt from any income tax.) true (only resident aliens are subject to 7.5% final tax.) false (active royalties are subject to regular tax.
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– November 01, 2021