About this document
Taxation of Foreign Corporations in the Philippines by Liyana Chua is a document available to read on EtoBox.
The document discusses taxation rules for corporations in the Philippines, including defining different types of corporations, their tax bases and rates, and how to compute annual income tax. Domestic corporations are taxed at 30% of taxable income, while resident foreign corporations are also taxed at 30% of taxable income from Philippine sources. Non-resident foreign corporations are taxed at 30% of gross income from Philippine sources.
- Author
- Liyana Chua
- Language
- EN