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TDG Corp is a domestic corporation. They have the following income during the year. How much is the total final with holding tax due?
TDG Corp is a domestic corporation. They have the following income during the year. How much is the total final with holding tax due? a. 73,000 b. 57,000 c. 63,000 d. 67,000
Gross Income Expenses Dividend from a resident foreign corporation Royalties, Philippines Royalties, USA Interest on long-term time deposit with BDO Interest on Bank savings deposits Interest from FCDU deposit Interest income from a bank deposit with BPI in a branch located abroad Cash Prize from a local business awarding body for winning "Best Corporate Practices" P 1,540,000 654,000 95,000 230,000 175,000 30,000 25,000 40,000 18,000 50,000 Gross Income Expenses Dividend from a resident foreign corporation Royalties, Philippines Royalties, USA Interest on long-term time deposit with BDO Interest on Bank savings deposits Interest from FCDU deposit Interest income from a bank deposit with BPI in a branch located abroad Cash Prize from a local business awarding body for winning "Best Corporate Practices" P 1,540,000 654,000 95,000 230,000 175,000 30,000 25,000 40,000 18,000 50,000
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