Juan is a Filipino resident of CDO, he has savings deposit in BPI-Dvsoria Branch, he also has bank deposits in PNB Tokyo Japan. Can the PH government tax the interest income of Juan from his bank deposits in the Philippines and in Japan, if yes, what is the tax rate?

Answer rating: 100% (QA)

As a Filipino resident Juan is subject to taxation on his worldwide income including interest income ... View the full answer