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1.Corazon resigned in 2015 after 12 years of service. She had the following income during the year? Salary, net of 80,000 withholding tax, 20,000 SSS,
1.Corazon resigned in 2015 after 12 years of service. She had the following income during the year?
Salary, net of 80,000 withholding tax, 20,000 SSS,
P18,000 PHIC and40,000 13th month pay P 480,000
Separation pay1,000,000
Compute the gross income subject to progressive (regular) tax.
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