Question1:
I'm a Filipino and a resident of the Philippines. If I buy stocks of US companies, and get dividends from them, do I need to pay Philippine taxes for that dividend income?
Question2:
Same case as above but I setup my own US company. Let's say XYZ LLC. The business is an online store and there is no physical store in the US. I operate the business online and I login to manage that website/business here from the Philippines.
Eventually, earnings from the company will end up in my Philippine bank account. Do I need to pay taxes here in the Philippines for that earnings?
So it's kinda similar to question1 but question1 is buying "ownership" thru shares of stocks like facebook, apple, netflix, however the second case is that I own the company.