PRACTICE EXERCISES

Determine the proper Classification of the following individuals:

1. Ms. Donna Lydia, a Filipina, received her canadian visa as an immigrant. She left the
Philippines to reside in Canada.
2. Percy is a Russian performer. She was invited to hold a four-day concert at
Waterfront Cebu during the Sinulog week.
3. Mr. Pagatpat, a Filipino Contract Worker, whose employment contract passed
through and was registered with the POEA, left the Philippines to work in Abu
Dhabi as a gym instructor. His work is for three months, after which he will be
having a vacation for 2 months and an option to renew contract for the same
period or longer.
4. Mr. Lorega, a Filipino received his London VISA as an immigrant. He left the
Philippines to reside in London
5. Ms. Kazzie, a Filipino who has an expertise in forensic audit was hired by a US based
auditing firm. He will work in the US as an Auditor. He will be staying in the US
because of her permanent employment.

SITUS OF INCOME

INCOME DESCRIPTION WITHIN WITHOUT

1 Edgardo earned P100,000 interest income, 40% of these
were from non-resident debtors.
2 A finance company earned P1,000,000 royalties from a
franchise; 40% of these were derived abroad.
3 Edgardo, a resident citizen, works home online and submits
his output to clients. He collected P100,000 service fee from
NRANETB and P20,000 from resident citizens.
4 Margaret has a store in a tourist park in Cebu City. He
earned a total of P40,000 gain from selling souvenir items in
40% were from foreign tourist.
5 Don Cleo sold at a gain of P3,000,000 to client abroad a
commercial building located in Quezon City.
6 Manso received P20,000 dividends from domestic
corporation and P30,000 dividend income from a non-
resident foreign corporation
7 Ningning manufactures abroad and sells to its Philippine
branch at market prices. Production cost abroad were
P200,000. Billings to branch totaled P300,000 while branch
sales totaled P450,000
8 Jayme received P250,000 dividends from a resident foreign
corporation which realized 40% of its income in the
 Philippines.
9 Ella received P20,000 dividend from non-resident foreign
corporation.
10 Davao plant manufactures tables and sells to resident
citizens. A total of P400,000 gross income was realized.