Thursday, April 16, 2009
COMMISSIONER V. BAIER-NICKEL (TAX)
Source of income is activity that produced the income, not the physical source of the income or its location. Payee may be Filipino, but that alone does not make it Philippine-sourced, if activities/services resulting in the income are actually performed abroad. No contradiction with BOAC case on activity test. BOAC actually followed activity test.
Labels:
Income,
Medalla-assigned cases
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment