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show sol 22. Assuming Juan opted to be taxed at 8% for his income from business, the total income tax due would be: a. P435,000
show sol 22. Assuming Juan opted to be taxed at 8% for his income from business, the total income tax due would be: a. P435,000 b. P447,500 c. P445,000 d. P477,500 Mr. Juan, who is married with 4 minor children, is a rank-and-file employee of DEF Corporation. In 2021 , he had the following employment-related data: 23. The tax-exempt de minimis benefits of Mr. Reyes amounted to: a. P33,000 b. P33,600 c. P43,000 d. P43,600
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