A self-employed non-VAT individual availed of the 8% optional tax which resulted to an income tax...
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A self-employed non-VAT individual availed of the 8% optional tax which resulted to an income tax liability of P188,000. 16. How much is the percentage tax due should it have chosen the graduated rates and the year is 2021? 17. How much is the percentage tax due should it have chosen the graduated rates and the year is 2024? A self-employed non-VAT individual availed of the 8% optional tax which resulted to an income tax liability of P188,000. 16. How much is the percentage tax due should it have chosen the graduated rates and the year is 2021? 17. How much is the percentage tax due should it have chosen the graduated rates and the year is 2024?
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To compute for the percentage tax due we need to know the gross salesreceipts of the selfemployed in... 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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