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Mani Pakyaw failed to file and pay his income tax return for the year 2019 which should have been filed on or before April 15,
Mani Pakyaw failed to file and pay his income tax return for the year 2019 which should have been filed on or before April 15, 2020. The BIR sent him a notice to file his return and pay his tax on or before July 18, 2020. Mani Pakyaw filed a return showing a basic tax due of P1,000,000. Compute the following: (5 points each) Surcharge Interest Compromise Total amount paid
Mani Pakyaw failed to file and pay his income tax return for the year 2019 which should have been filed on or before April 15, 2020. The BIR sent him a notice to file his return and pay his tax on or before July 18, 2020. Mani Pakyaw filed a return showing a basic tax due of P1,000,000.
Compute the following: (5 points each)
Surcharge
Interest
Compromise
Total amount paid
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Financial Accounting
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann
5th edition
978-1259914898
