Taxation, 2012 Bar — Question 9

MULTIPLE CHOICE

A resident corporation is one that is: a) Organized under the laws of the Philippines that does business in another country; b) Organized under the laws of a foreign country that sets up a regional headquarter in the Philippines doing product promotion and information dissemination; c) Organized under the laws of the Philippines that engages business in a special economic zone; d) Organized under the laws of a foreign country that engages in business in Makati City, Philippines.

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