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Mr. Diaz is a partner of DMZ Partnership, a general professional partnership, and owns a 25% interest. The Partnership's gross receipts amounted to P10,000,000 for

Mr. Diaz is a partner of DMZ Partnership, a general professional partnership, and owns a 25% interest. The Partnership's gross receipts amounted to P10,000,000 for the taxable year 2021. The recorded cost of service and operating expenses were P2,750,000 and P1,500,000, respectively. how much is the income tax due for DMZ Partnership

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