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WRITTEN OUTPUT # 4 ACTIVITY 1.3 ILLUSTRATIVE PROBLEM: COMPENSATION INCOME Refer to the BIR tax table. Determine the withholding income tax deduction for each
WRITTEN OUTPUT # 4 ACTIVITY 1.3 ILLUSTRATIVE PROBLEM: COMPENSATION INCOME Refer to the BIR tax table. Determine the withholding income tax deduction for each employee below: FABM2 a. Julie Perez is a regular employee with a monthly compensation amounting to P27,554 and with total statutory deductions of P1,439.15 b. Marlex Baron is a marketer in a beauty company receiving a total of P30,000 a month with statutory deduction of P1,506.30. Ms. SECOND QUAR Double-cl SHS Baron also received a commission income amounting to P5,500 for the month.
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