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no need to explain thank you Mr. Ohno owns and operates a part-time service business that generates P80,000 annual taxable income. His federal tax rate
no need to explain thank you
Mr. Ohno owns and operates a part-time service business that generates P80,000 annual taxable income. His federal tax rate on this income is 17%. Because of recent legislation, this rate will increase to 25% next year. Question 79 Not yet answered Marked out of 1.00 P Flag question Based on a static forecast, how much additional revenue will the federal government collect from Mr. Ohno next year? Answer: Question 80 Not yet answered Marked out of 1.00 P Flag question How much additional revenue will the federal government collect if Mr. Ohno decides to work fewer hours and consequently earns only P50,000 next yearStep by Step Solution
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