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Mr. A, resident citizen had the following income in 2019: Business Income 500,000 Professional income 200,000 Business expense 100,000 Expense related to profession 25,000 Interest

Mr. A, resident citizen had the following income in 2019:

Business Income 500,000

Professional income 200,000

Business expense 100,000

Expense related to profession 25,000

Interest income from bank deposit 150,000

Dividend Income 50,000

Interest Income from 120,000

using tax law of the Philippines:

How much is the taxable income subject to regular income tax?

How much is the regular income tax due?

How much is the total income subject to final tax?

How much is the final tax?

Please explain, thank you.

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