Which of the following is taxable with income tax as its gross amount when earned within the Philippines?
a. Professional fee
b. Compensation income
c. Business Income
d. Royalty Income
Answer: d. Royalty Income
Which of the following is taxable with income tax as its gross amount when earned within the Philippines?
a. Professional fee
b. Compensation income
c. Business Income
d. Royalty Income
Answer: d. Royalty Income