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The Rainbow Corp. provided the following data for calendar year ending Dec. 31, 2014: ($ 1 - P50) PHILIPPINES ABROAD GROSS INCOME P 5,000,000 $

The Rainbow Corp. provided the following data for calendar year ending Dec. 31, 2014: ($ 1 - P50) PHILIPPINES ABROAD GROSS INCOME P 5,000,000 $ 50,000 DEDUCTIONS P 2,000,000 $ 15,000 INCOME TAX PAID 5...

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