Question
Pacman Inc. is a vat taxpayer. For the year 2021, it earned gross receipts of Php20,000,000.00 with cost of services of Php8,000,000.00 and expenses of
Pacman Inc. is a vat taxpayer. For the year 2021, it earned gross receipts of Php20,000,000.00 with cost of services of Php8,000,000.00 and expenses of Php3,000,000.00.
How much is the income tax due of Pacman Inc. for the year 2021?
a. Php2,000,000
b. Php3,000,000
c. Php1,440,000
d. Php1,800,000
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Health Care Marketing Audit A Complete Guide
Authors: Gerardus Blokdyk
2020 Edition
0655947469, 978-0655947462
