Mr. F had the following data in a calendar year: Gross Sales from self-employment Interest on...
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Mr. F had the following data in a calendar year: Gross Sales from self-employment Interest on Philippine Currency Deposit Capital Gain on sale of land in the Ph (Selling price P 5 000 000) Capital Gain on sale of share of stock of a Domestic Corporation not listed Deductible expenses and losses from income from His income has been: Answer on Page 10 P 2 000 000 10 000 1 000 000 Determine his income tax expense for the said year. Answer on Page 12 100 000 1 100 000 Mr.C was a non-resident citizen in 2017. He returned to the Philippines on June 5, 2018 to reside permanently in the Philippines. He had an income from January 1 to June 4 2018 from Philippines sources of P300 000 and from foreign sources of P200 000. He had an income from June 6 to December 31 2018 of P600 000 from the Philippine sources and P400 000 from foreign sources. Mr. F had the following data in a calendar year: Gross Sales from self-employment Interest on Philippine Currency Deposit Capital Gain on sale of land in the Ph (Selling price P 5 000 000) Capital Gain on sale of share of stock of a Domestic Corporation not listed Deductible expenses and losses from income from His income has been: Answer on Page 10 P 2 000 000 10 000 1 000 000 Determine his income tax expense for the said year. Answer on Page 12 100 000 1 100 000 Mr.C was a non-resident citizen in 2017. He returned to the Philippines on June 5, 2018 to reside permanently in the Philippines. He had an income from January 1 to June 4 2018 from Philippines sources of P300 000 and from foreign sources of P200 000. He had an income from June 6 to December 31 2018 of P600 000 from the Philippine sources and P400 000 from foreign sources.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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