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please answer A resident citizen, has the following data for the year 2020: Description From Philippines From Ukraine Gross sales 5,000,000 3,000,000 Sales returns and
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A resident citizen, has the following data for the year 2020: Description From Philippines From Ukraine Gross sales 5,000,000 3,000,000 Sales returns and allowances 500,000 200,000 Cost of sales 1,500,000 800,000 Business expenses 500.000 300.000 Interest income, peso bank deposit BDO- 20,000 0 Marikina Interest income, US dollar deposit BDO- 50,000 0 Mandaluyong Gain from sale of residential house and lot, P500,000 (Selling price is P3,000,000; FMV at time of sale is P5,000,000) Gain from sale of shares of stock listed and traded in the local stock exchange, P30,000 (selling price, P100,000) Gain from sale of shares of stock not traded in the local stock exchange, P150,000 How much is the total final tax on passive income? dollar deposit BDO- 50,000 o Mandaluyong Gain from sale of residential house and lot. P500,000 (Selling price is P3,000,000; FMV at time of sale is P5,000,000) Gain from sale of shares of stock listed and traded in the local stock exchange, P30,000 (selling price, P100,000) Gain from sale of shares of stock not traded in the local stock exchange, P150,000 How much is the total final tax on passive income? Question 9 15 pts Using the information in the previous question, how much is the capital gains tax due Step by Step Solution
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