Which statement is correct regarding final income tax?

Which statement is correct regarding final income tax?




A. Items if income subjected to final tax can still be subjected to regular tax
B. Items of income exempt under final tax are subject to regular tax
C. Final income tax applies to all passive income from Philippines sources
D. Final tax applies only on certain passive income earned within the Philippines


Answer: D. Final tax applies only on certain passive income earned within the Philippines


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