Royalty income of a domestic corporation from abroad is
A. Subject to regular tax
B. Subject to final tax
C. Subject to either final tax or regular tax
D. Not subject to Philippine income tax
Answer: A. Subject to regular tax
Royalty income of a domestic corporation from abroad is
A. Subject to regular tax
B. Subject to final tax
C. Subject to either final tax or regular tax
D. Not subject to Philippine income tax
Answer: A. Subject to regular tax