Question: 05 Task Performance 1 Mark Remus has the following data on his passive income the current year: Requirements: 1. Assuming that Mark is a resident

05 Task Performance 1 Mark Remus has the
05 Task Performance 1 Mark Remus has the following data on his passive income the current year: Requirements: 1. Assuming that Mark is a resident citizen, compute for his total final income taxes from his passive income. Royalties from books - (20,000 + 30,000) x 10% F 5,000 Royalties from computer programs - (20,000 + 40,000) x 20% 12,000 Winnings from an electronic raffle during Smart Communication's 50th Anniversary - 10,000 x 20% 2,000 Dividend income from a domestic corporation - (27,000 +13,000) x 10% 4,000 Dividend income from a foreign corporation - (33,000 + 22,000) x 8% 4.400 Mark total final income taxes from his passive income P27,400

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