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Problem 4 - Tax on Winnings Pepito Manaleto, a Filipino living in BF Homes Paranaque, won for the second time on lotto sweepstakes amounting to

Problem 4 - Tax on Winnings

Pepito Manaleto, a Filipino living in BF Homes Paranaque, won for the second time on lotto sweepstakes amounting to P50,100,250.00. How much is the final withholding tax on winnings?

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