1. Today is December 31, 2021. Compute for the tax due in each independent scenario: a)...
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1. Today is December 31, 2021. Compute for the tax due in each independent scenario: a) Taxable income of P150, 000 b) Taxable income of P980,000 c) Compensation income of P3,230,000 with 4 qualified dependents. d) The pay slip of Mr. Bii shows the following information: Basic Salary 348,000 SSS Contribution 6,976 4,500 1,200 PhilHealth Contribution Pag-IBIG Contribution using TRAIN LAW - TAXABLE YEAR 2019-2022 tax table 1. Today is December 31, 2021. Compute for the tax due in each independent scenario: a) Taxable income of P150, 000 b) Taxable income of P980,000 c) Compensation income of P3,230,000 with 4 qualified dependents. d) The pay slip of Mr. Bii shows the following information: Basic Salary 348,000 SSS Contribution 6,976 4,500 1,200 PhilHealth Contribution Pag-IBIG Contribution using TRAIN LAW - TAXABLE YEAR 2019-2022 tax table
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Requiorment 19 Given that taxable Income of P 150000 As per train law when taxable income is less th... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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