What is the deficiency interest based on the following data: Basic tax unpaid - P20,000 30 days

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What is the deficiency interest based on the following data: Basic tax unpaid - P20,000 30 days late Taxable year - 2021 a. P197.26 b. P295.80 c. Any of these d. P328.77.

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 21, 2024 09:48 AM

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What is the deficiency interest based on the following data: Basic tax unpaid - P20,000 30 days

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To calculate deficiency interest we need to use the following formula Deficiency Interest Basic Tax ... View the full answer

Income Tax Fundamentals 2013

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