Question
Gudani had the following data in 2019: Philippines Abroad Gross Income from Sales P 4,000,000 P 6,000,000 Interest Income from Deposits 40,000 80,000 Less: Deductions
Gudani had the following data in 2019:
Philippines
Abroad
Gross Income from Sales
P
4,000,000
P
6,000,000
Interest Income from Deposits
40,000
80,000
Less: Deductions
2,000,000
3,600,000
Total
P
2,040,000
P
2,480,000
In the preceding problem, compute the taxable income if Mr. Gudani is a non-resident citizen.
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
