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Use the picture below for answering the following questions:. 1. If it is a resident corporation and remitted 60% of its net profit to its

Use the picture below for answering the following questions:. 1. If it is a resident corporation and remitted 60% of its net profit to its head office abroad, its total tax liability is (original data). 2. If it is a domestic cororation, but its total expensesbis P5,800,000 (disregard original data on expenses), its income tax is?

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The A corporation provided the following data for calendar year ending December 31, 2019 ($ 1= P50). Philippines Abroad Gross income P4, 000, 000 $ 40, 000 Deductions 2, 500, 000 $ 15, 000 Income Tax Paid $ 3, 000

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