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Diane is a self-employed taxpayer who owns a salon business. She earned Php 1,000,000 gross receipts for the year 2022. She needs your advice on

Diane is a self-employed taxpayer who owns a salon business. She earned Php 1,000,000 gross receipts for the year 2022. She needs your advice on the payment of her taxes. What options are available to Diane? Compute and compare the taxes she will pay in both options.

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