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78. A, a resident alien had the following in 2019: GrossIncome,PhilippinesBusinessconnectedexpensesP2,000,0001,200,000 Dividends received: From domestic corporation (net): 60% of its income came from Philippine source
78. A, a resident alien had the following in 2019: GrossIncome,PhilippinesBusinessconnectedexpensesP2,000,0001,200,000 Dividends received: From domestic corporation (net): 60% of its income came from Philippine source 90,00040% of its income came from Philippine source 72,000 From resident foreign corporation (gross): 60% of its income came from Philippine source 50,00040% of its income came from Philippine source 40,000 A's net taxable income is A. P800,000 B. P780,000 C. P796,000 D. P750,000 79. Using the data above, the final withholding taxes on the dividends amount to A. P16,200 B. P25,200 C. P18,000 D. P26,000 78. A, a resident alien had the following in 2019: GrossIncome,PhilippinesBusinessconnectedexpensesP2,000,0001,200,000 Dividends received: From domestic corporation (net): 60% of its income came from Philippine source 90,00040% of its income came from Philippine source 72,000 From resident foreign corporation (gross): 60% of its income came from Philippine source 50,00040% of its income came from Philippine source 40,000 A's net taxable income is A. P800,000 B. P780,000 C. P796,000 D. P750,000 79. Using the data above, the final withholding taxes on the dividends amount to A. P16,200 B. P25,200 C. P18,000 D. P26,000
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