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Miguel Ortiz, is a resident Citizen, who earns income from within and without the Philippines, during the taxable year, he had the following information Income
Miguel Ortiz, is a resident Citizen, who earns income from within and without the Philippines, during the taxable year, he had the following information
Income Philippines | 938,495.00 | |
Income Japan | (Exchange is 1 is 0.50) | 883,284.00 |
Income - Korea | (Exchange is 1,000 is 50.00) | 105,183,500.00 |
Income Saudi Arabia | (Exchange is SAR1 is 12.80) | SAR293,050.00 |
Philippine Taxes Paid | 348,390.00 | |
Japan Taxes Paid | 92,092.00 | |
Korea Taxes Paid | 247,231.00 |
Saudi Arabia Taxes Paid | SAR |
How much is his income tax payable?
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