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Compute for the gross taxable income of Dapitan below: Royalty income from books & literary works - P 45,000 Interest income from deposits - P35,000
Compute for the gross taxable income of Dapitan below:
Royalty income from books & literary works - P 45,000
Interest income from deposits - P35,000
Interest Income from foreign deposits - 1,500@P55/1
Salaries from teaching profession - P 3,500,000 (includes fringe benefits of P500,000)
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