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Compute for the tax due of Angela. 1. Angela works as a controller in a huge corporation in the Philippines. Information on her compensation is
Compute for the tax due of Angela.
1. Angela works as a controller in a huge corporation in the Philippines. Information on her compensation is provided below: Regular monthly salary: Basic monthly salary P500,000 Cost of living allowance (COLA) per month 9,000 Medical cash allowance to employee's dependents per month 2,400 Rice subsidy per month 1,500 Laundry allowance per month 280 Annual benefits: 13th month pay (equal to 1-month basic salary) 500,000 Christmas bonus (non-performance based) 20,000 Uniform allowance 6,000 Additional information: Angela was invited as a guest speaker in Cebu in which she received P 13,500 as honorarium. Angela's share on SSS, PhilHealth, and PAG IBIG contributions totaled to P1,231.3Step by Step Solution
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