Question
An individual taxpayer had the following: Gross income: Philippines - P900,000 Foreign - 300,000 Expenses: Philippines - 420,000 Foreign - 110,000 Compute for the income
An individual taxpayer had the following:
Gross income:
Philippines - P900,000
Foreign - 300,000
Expenses:
Philippines - 420,000
Foreign - 110,000
Compute for the income tax due assuming the individual tax payer is a resident citizen. Provide the answer in numerical form without comma and centavos (rounded up to nearest peso).
Flag question: Question 7
Question 71 pts
An individual taxpayer had the following:
Gross income:
Philippines - P900,000
Foreign - 300,000
Expenses:
Philippines - 420,000
Foreign - 110,000
Compute for the income tax due assuming the individual tax payer is a Non-resident citizen/Resident alien/Non-resident alien engaged in trade/business. Provide the answer in numerical form without comma and centavos (rounded up to nearest peso).
Flag question: Question 8
Question 81 pts
An individual taxpayer had the following:
Gross income:
Philippines - P900,000
Foreign - 300,000
Expenses:
Philippines - 420,000
Foreign - 110,000
Compute for the income tax due assuming the individual tax payer is a non-resident alien not engaged in trade/business. Provide the answer in numerical form without comma and centavos (rounded up to nearest peso).
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