RENT INCOME DIVIDEND INCOME

*Received from DOMESTIC

Includes:
CORPORATION, received by: OTHER INCOME
*Current rent/lease payment
-domestic corp.- tax-exempt
*Advance rent payment or security * Derived by foreign government
-Resident Foreign Corp-tax exempt
deposit w/o restriction(period * Derived by Government
-NRFC- 15%
actually received) * Prizes and Awards
-RC, NRC, RA- 10%
*Interest, taxes, insurance premium -religious, charitable, scientific,
-NRA-EBT- 20%
*Income from leasehold educational, artistic, literary, or civic
-NRA-NEBT- 25%
improvement achievement
* Prizes and Awards in sport competition
*Received from RESIDENT FOREIGN
* 13th month pay and other benefit- not
CORPORATION, received:
exceed 82,000
-individual taxpayer- Basic Tax
* GSIS, SSS, Medicare ,other contribution
-corporate entity- 30%
OTHER INCOME * Gains from sale of Bonds, debentures or
other certificate of indebtedness
*Recovery of Bad Debts written- *Received from NRFC, received by:
* Gains from redemption of shares in
off -individual taxpayer- Basic tax
mutual funds
*Tax Refund: -corporate entity- 30%
*Received by MWE- not earning other
-tax paid is treated as deductible income
expense

Allocation of unidentified Gross Income

Income Identified GI (Philippines)

from w/in the = X Unidentified GI
Philippines Identified GI (World)