TRAIN Law Multiple Choice

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TRAIN Law Multiple Choice question and answer

TRAIN Law Multiple Choice question and answer
Exam (elaborations) • 14 pages • 2024

1. Effective January 1, 2018, the following income payments to self-employed individuals or professionals shall be subject to 5% or 10% expanded withholding tax (EWT) except? a. Professional fees, talent fees or commissions etc., for services rendered by individuals b. Income distribution to partners of general professional partnership (GPP) c. Income payment to brokers and agents d. Payment of commission to independent and/or exclusive sales representatives, and marketing agents of compan...