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- . Of the following individuals who would be a resident or deemed resident of Canada for tax purposes this year? Alex is a U.S. citizen who commutes each day to Canada for employment purposes. Bob is a U.S. citizen who lives in Canada during the week for employment purposes but returned to the U.S. on weekends to the house he shares with his wife and children. Charles is a Canadian citizen who lived in Toronto until March of last year, at which time he left for a 4-year aid-mission in Africa under an agreement with the Canadian International Development Agency. Derrick is a Canadian citizen who goes to school in the US for 8 months of each year but returns to Canada to live with his parents each summer. Alex and Bob Alex, Bob and Charles Bob, Charles and Derrick All of the above None of the abovEMay Tan, a 50-year-old Canadian citizen entered Singapore on 1 June 2020 to work for a Singapore company. Her contract is for 1 year. Which of the following statements is/ are TRUE? (i) May will be taxed as a non-resident for Year of Assessment 2021 as she is not a Singaporean(ii) May’s income from Singapore will be exempt from tax as she is not a tax resident(iii) May will be taxed as a resident for the Year of Assessment 2021 but as a non-resident for the Year of Assessment 2022. Question 8 options: 1) i only 2) ii only 3) iii only 4) None of the aboveX, a non-resident citizen arrives in the Philippines on July 31, 2022 to reside here permanently after many years of living abroad. He had the following data in 2022:Gross income, foreign sources, January 1 to July 31, P500,000Gross income, Philippine sources, August 1 to December 31, P300,000Gross income, foreign sources, August 1 to December 31, P200,000How much of his gross income is subject to Philippine Income Tax?
- Rex, a Filipino residing in Laguna, has the following income for 2021: Compute the income subject to regular income tax he has stayed abroad from March 15, 2020 to August 31, 2021.If Mr. Vavalu is a non-resident citizen, how availed optional standard deduction how much is his income tax due for the year 2023?Mr. Johnson, a citizen in Slovenia, moved to Manitoba on October 1st, 2022, for a 2-year work contract. For 2022 taxation year, Mr. Johnson will be classified as: a. Factual Resident b. Non - Resident c. Deemed Resident d. None of the choices
- Robert is a foreign citizen born in UK. His father was born in Delhi in 1954 and his grandfather was born in Amritsar in 1934 but his mother was born in USA in 1960. Robert came to India for the first time on 1 July 2020 and stayed in India for 187 days and then left for UK. Determine his residential status for A.Y.2020-21. While his stay in India, he received ‘250,000 from sale of Shares in America, is this taxable in India?Mateo Lopez is not a resident of Canada. For the current year, Mateo has a worldwide income of $120,000, including $15,000 of employment income earned in Canada and $2,000 of interest received on Canada savings bonds. The remainder of his income was from sources outside of Canada. What amount of income must be reported on Mateo’s Canadian personal income tax return for the current year? Please do fast ASAP fast11. Jacques is an alien assigned in the Philippines to manage the regional area headquarters of Deli France, a multinational company Juan is Jacques counterpart in the said office and receives the same salary as Jacques. Juan's salary for the year 2022 is: Group of answer choices tax at 10% on gross income tax at 15% on gross income tax at 0% - 35% on taxable income exempted from tax like Jacques
- Diosdado Gomez, Jr. is a non-resident citizen taxpayer. He has the following interest income for the year 2019: Interest income - BDO Philippines 120,000 Interest income - Bank of China 250,000 Interest income received by a taxpayer from a depository bank under FCDS, Philippines 80,000 1. How much is the Final Withholding Tax on interest income of taxpayer from BDO Philippines? 2. How much is the Final Withholding Tax on interest income of taxpayer from Bank of China? 3. How much is the Final Withholding Tax on interest income received by a taxpayer from a depository bank under FCDS, Philippines? 4. How much of the total interest income of Mr. Gomez is subject to the Final withholding Tax? 5. How much is the total Final Withholding Tax of the taxpayer for the year 2019?H. profile-image Sami moved to Europe on August 15th, 2022, to open and incorporate a café in a small European village. Prior to moving, Sami’s only income for 2022 was a salary of $55,000. Sami did not own any assets prior to moving. Sami severed all other ties to Canada prior to moving. What is the residency status for Sami in 2022 for Canadian tax purposes?The following individuals arrived in the Philippines through Flight DZ-4170 on June 30, 2019. Who is most likely to be classified as non-resident citizen for the year 2019? Collie Tan, a Chinese, planning to marry his Bicolana fiancée and stay with her to build a family Dina B. Nalican, a Filipino, returning from London after a successful one-week specialized surgery. Paul Lickett, a British, lone son of the British Ambassador to the Philippines, intends to live with his father here in the Philippines. Ligaya Calungcutan, an Overseas Filipino Worker, returning home for a three-week vacation
