Question
Alpha Kokak, after gaining knowledge about the tax evasion done by Guan Zone Company, reported to an officer in BIR. The CIR's agent thereafter investigated
Alpha Kokak, after gaining knowledge about the tax evasion done by Guan Zone Company, reported to an officer in BIR. The CIR's agent thereafter investigated and collected an amount equal to P25,000,000. Because of Alpha Koka's effort, he was awarded an amount of P2,500,000. 1. How much is the reward that shall Alpha Kokak received? (2 pts) 2. How much is the final tax due from his reward? (3 pts)
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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