Taxpayers and Source of Income | Comparative Illustration

[@dyryllsusano6998]

Upon watching this video lecture, I’ve learned how to classify a taxpayers according to the sources of taxable income and tax base. Knowing how to classify a taxpayer is very important for proper tax treatment. When the taxpayer is a resident citizen, the sources of taxation income is within and without the Philippines and the tax base is net income. When the taxpayer is a non-resident citizen, resident alien, non-resident alien engaged in trade or business the sources of taxable income is within the Philippines only and the tax base is net income. On the other hand, when the taxpayer is a non-resident alien not engaged in trade or business, the sources of taxable income is also within the Philippines but the tax base is gross income. Thankyou sir!

[@annkheziag.bolima2072]

Done watching po, Sir. The table and computation are appreciated po. Thank you po for this video lecture. 🤝

[@sunshineponpon7805]

I now understand how to categorize taxpayers based on the sources of their taxable income and the tax base. For correct tax treatment, it is crucial to understand a taxpayer's classification. When the taxpayer is a resident citizen, the tax base is net income, and the source of the income subject to taxes is both within and outside the Philippines. On the other hand, if the taxpayer is a non-resident citizen, resident alien, or non-resident alien engaged in trade or business, the Philippines alone is the source of their taxable income, and their net income serves as their tax base. Finally, when the taxpayer is a non-resident immigrant who is not engaged in trade or business, their sources of taxable income are also located within the Philippines; however, their tax base is gross income. Thank you for the clear discussion, Sir A!

[@gillianlim4036]

This video course taught me how to classify taxpayers and their sources of income, as well as how to determine whether a person is within or outside the country based on their taxable income of RC, NRC, RA, NRA-ETB, and NRA-NETB. thank u sir.

[@karinaisabelletorres3396]

Done watching po Sir thank you for this interesting and informative video.

[@juvymaeabril7338]

Done watching sir thankyou for discussing the topic thankyou so much po 😊

[@kimberlyguimba2689]

Done watching and thank you sir. This lesson is about tax payers and sources of income. I learned that it is important to classify tax payers for proper tax treatment. A Resident Citizen is taxable on income within and without Philippines while A Non-Resident Citizen and A Resident Alien is taxable only on income derived within the Philippines. A Non-Resident Alien-ETB has same classification with NRC and RA while Non-Resident Alien-NETB is taxable only on gross income from the Philippines.

[@mariafrancheskaraymundo5701]

Hello Sir, Thank you for this video lecture because I learn a lot. Classifying taxpayers is important for proper tax treatment.If you are resident citizens, your source of taxable income is your earnings within and without the Philippines and your tax base is net income. If NRC, RA, NRA, ETB your income is only within the Philippines and tax base is net income. If NRA, NETB is your source of table income, your income is without Philippines and tax base is gross income

[@sheenabataller8948]

I've finished watching, sir, and I want to thank you for the lectures you gave on taxpayers and sources of income. I didn't realize there were other categories of taxpayers, such as RNs, NRCs, RAs, NRA-ETBs, and NRA-NETBs and also classifying taxpayers is important for the proper tax treatment.

[@khatesilvestre8855]

Thank you very much for the well-explained video lecture, sir A! I now know how to categorize taxpayers based on the sources of their taxable income and the tax base. I realized that categorizing taxpayers is essential in determining the correct tax imposed on the people under each Classification of Taxpayers. I am looking forward to the following video lectures, sir!

[@marivicpangan1899]

I learned that Categorizing tax payers is very important to determine the correct tax to imposed to the different classification of tax payers. Thank you sir A.

[@joyciepalattao179]

Done watching sir. This video lecture taught me the taxpayer classification and sources of income which is the tax base on an income of RC, NRC, RA, NRA-ETB, and NRA-NETB is the taxable income and where they belong if they are within or without. Also classifying taxpayers is important for the proper tax treatment. Thank you, Sir A!!

[@adrianeyabut2221]

Thank you for the lesson, sir! I watched it again today.

[@patrickvalerio7702]

Done watching po sir. Thank you po for this lecture.

[@rheamaeestavillo2189]

Thank you po sir, very informative!

[@templonuevoangelica3383]

Done watching sir! This is what I have learned in taxpayers classification and sources of income. The tax base on the income of RC, NRC, RA, NRA-ETB and NRA-NETB is the taxable income. Taxable income is the pertinent items of grosss income. Thus, the pertinent items of grosss income when earned by an RC, NRC, RA, NRA-ETB and NRA-NETB shall be reported and shall form of their income. Thank you sir.

[@rasheweyn]

At first i have trouble in understanding on how to calculate the different classification of taxpayers based on their sources of income but after watching this video lectures it helped me to understand well the lesson and on how calculate it. And to test my self if i will be able to fully understand this lesson i surf some cases related on this lesson and solve it by myself. Thank you sir A for this another video lecture.

[@b.iankyy]

Done watching this, sir! Super informative and well explained, thank you po. 😊

[@lorainebernal4855]

Already watched the lecture before sir. Thank you so much po!

[@christianjavier5930]

Done watching po sir, thankyou for the knowledge

[@aceroelcaoc8657]

Done watching po, sir. Thank you po🙂

[@dmncbrnl]

Done watching sir. Thank you for this lecture.

[@haroldconstantino5954]

Thank you for another lecture Sir!

[@gillabrador4931]

Done Watching, Sir. I learned a lot from this video. Thank you po.

[@kennethmondares3910]

Thank you for the informative lecture sir!

[@camilatesorero6143]

Done watching, Sir! Thank you po for this informative video lecture.

[@eunieviaamantoy9730]

Done watching! This lesson is all about the classification and sources of income. also helps me classify the classifications of taxpayers: RC, NRC, RA, NRA-ETB, and NRA-NETB. I learned a lot in this lesson, sir. Thank you.🤍🤍🤍

[@elley9971]

done watching since last week Sir, thank you po

[@raymalynocopanlilio3417]

Done watching Sir, thank you po💖

[@lianortega7861]

Thank you for making a video about this topic. Sir A.

[@kayerosales5815]

Just done watching, Sir A. Thank you so much for the video lecture.

[@jayardumape4303]

Thankyou sir A, the lectures well explained and the table and computation it looks easy.

[@QueenieDelRosario-mt3ur]

Thankyou Sir A. The table helps me to understand the topic easily. To summarize it, if the tax payer is resident citizen his\her sources of taxable income is within and without and the tax base is net income while if the tax payer is NRC,RA,NRA-ERB the sources of taxable income is within only and tax base is net income also NRA-NETB the source of taxable income is within only but ta tax base is gross income. In addition, to compute for the net income per category, in basic accounting net income is revenue less expenses.

[@mywonie17]

Done watching, Thank you sir

[@ellamedina7306]

Good evening sir, done watching po! Thank you po.

[@hilariepizarro9467]

Thanks for the video lesson sir. It helps me understand the applicable taxes and tax rates depending on several factors is important for the proper tax treatment.

[@mikeecanamo4049]

Done watching this Sir. Thank you so much!

[@katherinemayedelacruz1030]

Done watching sir A than you for your lecture that taxpayers is important for proper tax treatment

[@steffisu_]

It aids in my understanding of the appropriate taxes and how tax rates rely on a number of different aspects, which is crucial for the right tax treatment.

[@noeminolledo9293]

Done watching Sir. Thank you po

[@marjuriebarsolo8319]

Done watching sir A! It helps me understand more the other classifications of taxpayers like, RC, NRC, RA, NRA-ETB, NRA-NETB.

[@ronalyncruz1054]

Done watching po. Thank you sir!

[@princesslim9784]

Done watching. Thank you po!

[@melodyayop1352]

Done with this lecture. Thank you po

[@nadineairadelmita5102]

Done watching, sir! Thank you po.

[@angelicarosete3388]

done watching po thank u sir

[@marcrendelle3779]

Done watching sir! Thank you sir!

[@patriciaannjoyjose8161]

thankyou for the simple comparative illustration the taxable income...for the classification of taxpayers- RC,NRC,RA,NRA-ETB,NRA-NETB....-Sourceof income is. income within or without....Types of income is... ordinary or regular, passive , capital gains ...

[@ayessamariemaranan8014]

Done watching sir thankyou po

[@nheamaeatentar1388]

Done watching po sir!! Thank you poooo☺️

[@jianneivyvier7901]

DONE watching sir, thankyou for the knowledge!

[@ielmanlangit]

Done watching sir, thank you!

[@Mariandetera0528]

done watching, thank you sir!

[@precymaedianela2938]

Taxpayer is something that provides a regular supply of money, such as employment, investments, a pension etc. A taxpayer may be an individual or business entity that is obligated to pay taxes, state, or local government. Taxes from both individuals and businesses are a primary source of revenue for governments. Thank you sir

[@aprilvillegas4290]

Done watching, Sir. Thank you!

[@angelineguimba8675]

Done watching Sir! Thank you for sharing this video! I understand how to categoruze taxpyers base on ther taxable income. It is important to classify tax payers for proper tax treatment.

[@Deettos]

Done, Thank you sir!

[@joycebalingit9102]

Done watching po, thank you

[@reecamillabonganay6782]

Done na po Sir, thank you po for this lecture!

[@robyjanepagador9497]

Done watching, Sir.

[@vanaaronmationg6023]

Done sir nakalimutan lang po nag comment 😊. thank you sir and god bless

[@jessacasal6291]

Done po sir, thank you po😊

[@alvinalmanzor1798]

Done po Sir, Salamat po sa magandang paliwanag Sir dpo tulad Ng ibang prof

[@jessaherrera762]

In this video, the lecture explained more expended the last video lecture about the classification of taxpayers and also involved the sources of income and tax base. I understand more about taxes, their importance, and how to compute all taxes with the help of illustrations in your video lecture.

[@camilleraguindinhufalar5596]

Done watching sir.

[@alleyzone]

Done watching po, Sir. Late comment lang po. Thank you so much po!

[@rosebelldomingo7522]

I learned about this topic is a different obligation when it comes paying a taxpayer or taxation. And to explain a sources of income, and types of income ,, the important of this lecture is how to proper tax treatment or tax based in net income.

[@janneeloizacarza7217]

DONE REWATCHING SIR

[@rirideeexxx4921]

Done watching sir! These are my takeaways, It is important to know the territorial source of income for tax purposes. There are two major income classification as to territorial source namely - income derived from within and income derived outside (without) the Philippines. Income from sources within comprises of earnings from within the Philippine territory. As a rule, if income is derived within the Philippines, it is taxable within. Income without the Philippines refers to income earned outside the Philippines or income derived from foreign countries.I also note that Income derived outside the Philippines is taxable only if the taxpayer is a Resident Citizen or Domestic Corporation. As discussed, each individual taxpayer is taxed on their income within and without as follows which are Individual Taxpayer ( RC , Within or without while NRC, RA, NRAETB, NRANETB ,Within only ) Income as to source, Gross income (GI) refers to income from whatever source, derived within or without the Philippines, legal or illegal. Income refers to all earnings derived from service rendered (labor), from capital (business or investment), or both, including gain derived from sale or exchange of personal property as either ordinary or capital asset. Income as to taxability Income can also be taxable and non-taxable. Taxable income refers to all pertinent items of gross income specified in the tax code. Non- taxable income is the income mandated by the constitution, general or special laws and international agreements to be exempted.

[@anactakristelannm.4744]

done watching sir, thank you po :)

[@jumariebarsolo2799]

I've learned to this video that we have our different obligation when it comes on paying taxes depending on the classification of the taxpayer where in, Residents are subject to taxation on all of their income. Whether a resident or a non-resident, an individual who is not a citizen of the Philippines (example someone who is defined as an alien) is only subject to taxation on income derived from sources within the Philippines. The only income that non-resident citizens are taxed on comes from sources within the Philippines.

[@jainabartolo6005]

Done watching po sir, thank you! :)

[@mariajasmineumale7630]

Done na po, Sir! Thank you so much po

[@pranzuabrenica]

Done watching na po

[@ayoitscrms]

Sir A, I appreciate your very clear video presentation. I now know how to categorize people based on the sources of their taxable income and the tax base. I realized that classifying taxpayers is essential to determining the correct tax imposed on each category of taxpayers.

[@leandersanico7156]

Thank you so much sir. Wala ako maintindihan sa amin kasi self study sa book. Stay safe and healthy po sir.

[@SirATheCPAProf]

From what school?

[@airaarmada9398]

Done po Sir. Thank you po.

[@jozamariecueto2343]

Done watching po Sir. Very detailed and well explained. Learned something new ulit today. 😊

[@kristinejoygimena3728]

Done na po sir, Na panuod at Download video na rin po, Thankyou po sir.

[@flarizzasubijano6059]

thankyou sir done po.

[@devsrose]

Done Watching! I gained knowledge of the classification of taxpayers and their sources of income. It also helps to comprehend the other taxpayer classifications of RC, NRC, RA, NRA ETB, and NRA NETB. Thank your sir A.

[@jadashleyosorio2990]

watched already sir, sorry for late comments

[@avec1207]

Thank you po Sir for making this lecture. 😊

[@johnmarkgatchalian4004]

Thank you for the lecture sir. Much appreciated 🥰

[@pruemicaeladelasalas2486]

Done watching na po, Sir. Thank you so much for this lecture.

[@christineacuna2967]

Done watching. ❤Thank you for this lesson, Sir.

[@haideecacalda5893]

Done po sir, thank you po

[@ferlynnovilla6321]

thank you sir 😊

[@darrenguieb3840]

This is much better than reading sir! Thank you for this lecture!

[@2miotarget]

Hello. Can you tell me which Form must be used for a resident alian to declear the foreign income ? - is it form 2304 ? thnak you

[@eyannasofiaregencia3636]

Done watching po, sir. Thank you for this lecture!

[@jhpmabs1134]

now watching po sir :)

[@techref6503]

my question If I get a SRRV visa and spent more than 183 days in the philippines I am a RA. then all my foreign income is tax excepted. 0 tax on rents, income, bonus payments or stock exchange dividends. that's correct ? one more question. if a RA has no phillipine income he does not have to file a income tax report. but if I would like to do that is it still possible ?

[@ronadelcuerdo9443]

Done po sir thank you

[@angelallenarce1277]

Done po Sir, Thank you po ^.^

[@leaalmodal7862]

A taxpayer is any individual or business entity who owes taxes to the federal, state, or local governments. Individual and business taxes are the primary source of revenue for governments. Individuals and businesses have different income tax obligations each year. To make is short business income is also a significant component of the individual tax code. S-corporations, sole proprietorships, and partnerships, for example, file their taxes under the individual tax code. TYSM!

[@johnmichaelandaya5913]

thank you po

[@jovelynvillaalonzo8718]

My takeaways in this lecture are knowing that the right treatment of taxes depends on classifying taxpayers. If you are residents, and your net income serves as your tax base. Your taxable income comes from both domestic and foreign employment. If you have one of the following tax codes: NRC, RA, NRA, or ETB, your income is limited to the Philippines, and the tax base is net income. Your income is taxable on your gross income if NRA or NETB is your source of side income outside of the Philippines.

[@jaimeronquillo7624]

What is the total amount of income derived from sources without the Philippines?? Thank you 😊

[@josh_orias]

Done na po Sir. Thanks po

[@jannadalagan6809]

Done po sir thank you po