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Taxation is in Philippines. XYZ Corp. started business operations in 2014 and provided the following data: YEAR GROSS INCOME EXPENSES 2014 1,000,000.00 1,200,000.00 2015 2,000,000.00

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Taxation is in Philippines.

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XYZ Corp. started business operations in 2014 and provided the following data: YEAR GROSS INCOME EXPENSES 2014 1,000,000.00 1,200,000.00 2015 2,000,000.00 1,900,000.00 2016 3,000,000.00 2,950,000.00 2017 1,000,000.00 1,100,000.00 2018 980,000.00 500,000.00 How much is the tax due in 2018

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