B Co. a resident corporation in its fifth year of operations in the Philippines in 2018 had:

Net sales 4,000,000 (PH) 9,000,000 (Foreign)

Cost of sales 1,200,000 2,700,000

Business expenses 2,000,000 4,500,000

Normal tax?

MCIT?

Income tax expense

Income tax payable

*the rules on quarterly and year end income tax returns of domestic corporations apply to resident corporations.

A foreign corporation, authorized to do business in the Philippines had the following data from operation in 2018:

Gross income (PH) 30,000,000

Gross income (Foreign) 90,000,000

Expenses (PH) 10,000,000

Expenses (Foreign) 40,000,000

Out of the Philippines income, there was an actual remittance abroad of 8,500,000.

Income tax expense?

Profit remittance tax paid?