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- a.A was born in Chennai but later on migrated to Japan in June 2010 and took the citizenship of that country from December 2014. His parents were born in Punjab in 1950 and his grandparent was born in undivided Bengal in 1940. He comes to India during 2020-21 for 120 days. During the earlier immediately preceding four years he was in India for total of 375 days. Determine his residential status for the assessment year 2021-22. During the previous year he received `20,000 as dividend from an American company, is it taxable in India? b. Discuss the provision relating to income deemed to arise or accrue in India. A is a citizen of Nepal has a property in Delhi, which is on monthly rent of Rs. 20,000 he is also receiving pension from Indian Army for his services rendered Rs. 30,000 monthly. Discuss whether these are taxable in India. During the previous year 2020-21 he never visited India.Coleen is a citizen and bona fide resident of Ireland. During the current year, she received the following income: Cash dividends of $2,000 from a U.S. corporation's stock. Interest of $1,000 on a U.S. corporation bond. Royalty of $100,000 from a U.S. corporation for use of a patent she developed. Rent of $3,000 from U.S. individuals renting her cottage in Maine. Identify the U.S. withholding tax rate on the payment of each item of income under the U.S.–Ireland income tax treaty and cite the appropriate treaty article. You can access the 1997 U.S.–Ireland income tax treaty on the IRS website, www.irs.gov. Note: Leave no answer blank. Enter zero if applicable.Jackson was born in Albania and is a qualified computer programmer. He is married to June and they have three young children. Jackson and his family migrated to Australia on 9 November 2019. Jackson and his family intend to live permanently in Australia. In relation to Jackson's residency of Australia for tax purposes which of the following statements is correct? a. Jackson will not become a resident of Australia as he must have a domicile of origin in Australia. b. Jackson is a resident of Australia under the Super fund rule from 1 July 2019. c. Jackson is a resident of Australia from 1 July 2019 under the Domicile Rule. d. Jackson is a resident of Australia under the 183 Day Rule.
- Xavyera is a citizen and resident of the Philippines. On July 8, 2021, she made donations to Xeng, a friend, of properties in Australia and Thailand. Donor's taxes paid in Australia and Thailand amounted to P95,000 and P10,000, respectively. The property in Australia had a fair market value of P800,000 while the property in Thailand had a market value of P400,000. How much was the donor's tax still due after credit for foreign donor's taxes?EEE, Filipino, residing in Toronto, made the following donations during the calendar year 2020: To his brother in Canada, a Volvo car valued at P10,000,000. Donor’s tax paid to the Canadian Government amounted to P60,000. To his sister in the United States, a house and lot valued at P20,000,000. His sister was to assume the mortgage on the house and lot amounting to P5,000,000. The donor’s tax paid to the US Government amounted to P80,000. To his cousin in the Philippines, shares of stock of Kensington Corporation, a Philippine corporation, valued at P7,000,000. Round your answer to the nearest peso. (e.g. 101.50 = 102) How much is the donor’s tax due after considering the credit for the taxes paid in Canada and in United States?Christina, a 50-year-old American, is married to a Singaporean, and the couple has 2 children who are Singapore citizens. The eldest is studying at an overseas university while the younger child is attending school in Singapore. For the year 2021, Christina earned the following employment income: (i) Salary of $236,000(ii) Bonus of $34,000(iii) Net rental income of $10,800 What is her total the child relief claim (QCR and WMCR) for the Year of Assessment 2022?
- 1.A was born in Chennai but later on migrated to Japan in June 2010 and took the citizenship of that country from December 2014. His parents were born in Punjab in 1950 and his grandparent was born in undivided Bengal in 1940. He comes to India during 2020-21 for 120 days. During the earlier immediately preceding four years he was in India for total of 375 days. Determine his residential status for the assessment year 2021-22. During the previous year he received `20,000 as dividend from an American company, is it taxable in India? 2.Discuss the provision relating to income deemed to arise or accrue in India. A is a citizen of Nepal has a property in Delhi, which is on monthly rent of Rs. 20,000 he is also receiving pension from Indian Army for his services rendered Rs. 30,000 monthly. Discuss whether these are taxable in India. During the previous year 2020-21 he never visited India.Helena is a U.S. citizen and a CPA who moved to London, England, three years ago to work for a British company. This year, she spent the entire year in London and earned a salary of $131,600. How much of her salary will she be allowed to exclude from gross income in the United States? $19,436 $120,000 $108,600 $101,600 All of her salary is included in gross income.George is a U.S. citizen who is employed by Hawk Enterprises, a global company. Beginning on June 1, 2022, George began working in London (for a total of 214 days in 2022). He worked there until January 31, 2023, when he transferred to Paris. He worked in Paris the remainder of 2023. His salary for the first five months of 2022 was $100,000, and it was earned in the United States. His salary for the remainder of 2022 was $175,000, and it was earned in London. George's 2023 salary from Hawk was $300,000, with part being earned in London and part being earned in Paris. Assume the 2023 indexed amount is the same as the 2022 indexed amount. Assume 365 days in 2022 and 365 days in 2023. Carry any fractions out to four decimal places. Round your final answers to the nearest dollar. a. Determine George's gross income in 2022 and 2023.2022: $2023: $
