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INTEGTAX > FINAL TAXES > Flashcards

FINAL TAXES Flashcards

(106 cards)

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1
Q

Share in the net income of a partnership, joint venture, and co-ownership of a RESIDENT CITIZEN

A

10%

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2
Q

Share in the net income of a partnership, joint venture, and co-ownership of a RESIDENT ALIEN

A

10%

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3
Q

Share in the net income of a partnership, joint venture, and co-ownership of a NON RESIDENT CITIZEN

A

10%

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4
Q

Share in the net income of a partnership, joint venture, and co-ownership of a NRA-ETB

A

20%

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5
Q

Share in the net income of a partnership, joint venture, and co-ownership of a NRA-NETB

A

25%

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6
Q

Share in the net income of a partnership, joint venture, and co-ownership of a DOMESTIC CORPORATION

A

RIT

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7
Q

Share in the net income of a partnership, joint venture, and co-ownership of a RESIDENT FOREIGN CORPORATION

A

RIT

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8
Q

Share in the net income of a partnership, joint venture, and co-ownership of a NON-RESIDENT FOREIGN CORPORATION

A

25%

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9
Q

Passive Royalties from cinematographic films and similar works of a RC

A

20%

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10
Q

Passive Royalties from cinematographic films and similar works of a NRC

A

20%

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11
Q

Passive Royalties from cinematographic films and similar works of a RA

A

20%

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12
Q

Passive Royalties from cinematographic films and similar works of a NRA-NETB

A

25%

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13
Q

Passive Royalties from cinematographic films and similar works of a NRA-ETB

A

20%

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14
Q

Active Royalties of a RC

A

RIT

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15
Q

Active Royalties of a NRC

A

RIT

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16
Q

Active Royalties of a RA

A

RIT

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17
Q

Active Royalties of a DC

A

RIT

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18
Q

Active Royalties of a RFC

A

RIT

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19
Q

Active Royalties of a NRFC

A

25%

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20
Q

Passive royalties from books, literary works, and musical compositions of a RC

A

10%

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21
Q

Passive royalties from books, literary works, and musical compositions of a NRC

A

10%

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22
Q

Passive royalties from books, literary works, and musical compositions of a RA

A

10%

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23
Q

Passive royalties from books, literary works, and musical compositions of a NRA-NETB

A

25%

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24
Q

Passive royalties from books, literary works, and musical compositions of a NRA-ETB

A

10%

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25
Taxable Prizes 10,000 and below of a RC
RIT
26
Taxable Prizes 10,000 and below of a NRC
RIT
27
Taxable Prizes 10,000 and below of a NRA-NETB
25%
28
Taxable Prizes 10,000 and below of a RA
RIT
29
Taxable Prizes 10,000 and below of a NRA-ETB
RIT
30
Taxable Prizes greater than 10,000 of a RC
20%
31
Taxable Prizes greater than 10,000 of a NRC
20%
32
Taxable Prizes greater than 10,000 of a RA
20%
33
Taxable Prizes greater than 10,000 of a NRA-ETB
20%
34
Taxable Prizes greater than 10,000 of a NRA-NETB
25%
35
Taxable Prizes greater than 10,000 of a DC
RIT
36
Taxable Prizes greater than 10,000 of a RFC
RIT
37
Taxable Prizes greater than 10,000 of a NRFC
25%
38
Taxable Prizes 10,000 and below of a DC
RIT
39
Taxable Prizes 10,000 and below of a NRFC
25%
40
Winnings, in general of a RC
20%
41
Winnings, in general of a NRC
20%
42
Winnings, in general of a RA
20%
43
Winnings, in general of a NRA-NETB
25%
44
Winnings, in general of a NRA-ETB
20%
45
Winnings, in general of a DC
RIT
46
Winnings, in general of a RFC
RIT
47
Winnings, in general of a NRFC
25%
48
PCSO and lotto winnings > 10,000 of a RC
20%
49
PCSO and lotto winnings > 10,000 of a NRC
20%
50
PCSO and lotto winnings > 10,000 of a RA
20%
51
PCSO and lotto winnings > 10,000 of a NRA-NETB
25%
52
PCSO and lotto winnings > 10,000 of a NRA-ETB
20%
53
PCSO and lotto winnings > 10,000 of a DC
20%
54
PCSO and lotto winnings > 10,000 of a NRFC
25%
55
PCSO and lotto winnings > 10,000 of a RFC
20%
56
PCSO and lotto winnings <= 10,000 of a RC
EXEMPT
57
PCSO and lotto winnings <= 10,000 of a RA
EXEMPT
58
PCSO and lotto winnings <= 10,000 of a NRC
EXEMPT
59
PCSO and lotto winnings <= 10,000 of a DC
EXEMPT
60
PCSO and lotto winnings <= 10,000 of a RFC
EXEMPT
61
PCSO and lotto winnings <= 10,000 of a NRFC
25%
62
Informer's Tax Reward of a RC
10%
63
Informer's Tax Reward of a RA
10%
64
Informer's Tax Reward of a NRA-ETB
10%
65
Informer's Tax Reward of a NRC
10%
66
Informer's Tax Reward of a NRA-NETB
10%
67
Informer's Tax Reward of a DC
10%
68
Informer's Tax Reward of a RFC
10%
69
Informer's Tax Reward of a NRFC
10%
70
71
Local Currency Deposit - Short Term - RC
20%
72
Local Currency Deposit - Short Term - RA
20%
73
Local Currency Deposit - Short Term - NRC
20%
74
Local Currency Deposit - Short Term - NRA-ETB
20%
75
Local Currency Deposit - Short Term - NRA-NETB
25%
76
Local Currency Deposit - Short Term - DC
20%
77
Local Currency Deposit - Short Term - RFC
20%
78
Local Currency Deposit - Short Term - NRFC
25%
79
Local Currency Deposit - Long-Term - RC, NRC, RA, NRA-ETB
EXEMPT
80
Local Currency Deposit - Long-Term - DC, RFC
20%
81
Local Currency Deposit - Long-Term - NRA-NETB, NRFC
25%
82
Local Currency Deposit - Pre-Termination of less than 3 years - RC, NRC, RA, NRA-ETB, DC, RFC
20%
83
Local Currency Deposit - Pre-Termination of 3 to less than 4 years - RC, NRC, RA, NRA-ETB
12%
84
Local Currency Deposit - Pre-Termination of 4 to less than 5 years - RC, NRC, RA, NRA-ETB
5%
85
Local Currency Deposit - Pre-Termination of 3 to less than 4 years - DC, RFC
20% (no pretermination for corporations)
86
Local Currency Deposit - Pre-Termination of 4 to less than 5 years - DC, RFC
20% (REO), RIT (ReSA)
87
Local Currency Deposit - Pre-Termination of 3 to less than 4 years - NRFC
25%
88
Local Currency Deposit - Pre-Termination of 4 to less than 5 years - NRFC
25%
89
Local Currency Deposit - Pre-Termination of less than 3 years - NRFC
25%
90
Interest Income from FCDUs/EFCDUs - RC, RA, DC, RFC (all residents)
15%
91
Interest Income from FCDUs/EFCDUs - NRC, NRAs, and NRFC (non-residents)
EXEMPT
92
Interest Income of FCDUs/EFCDUs - RC, RA, DC, RFC (all residents)
10%
93
Interest Income of FCDUs/EFCDUs - NRC, NRAs, and NRFC (non-residents)
EXEMPT
94
Tax-free covenant bonds - RC, NRC, RA, NRA-ETB, NRA-NETB
30%
95
Tax-free covenant bonds - DC, RFC
RIT
96
Tax-free covenant bonds - NRFC
25%
97
Dividend from domestic corp - RC, RA, NRC
10%
98
Dividend from domestic corp - NRA-ETB
20%
99
Dividend from domestic corp - NRA-NETB
25%
100
Dividend from domestic corp - DC, RFC
EXEMPT
101
Dividend from domestic corp - NRFC (subject to tax sparing rule, otherwise 25%)
15%
102
Dividend from foreign corp. - RC, DC
RIT
103
Dividend from REIT - NRC, DC, RFC
EXEMPT
104
Dividend from REIT - RC, RA
10%
105
Dividend from REIT - NRA-ETB, NRA-NETB, NRFC
<10%
106

INTEGTAX (4 decks)

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