Alpha Kokak, after gaining knowledge about the tax evasion done by Guan Zone Company, reported to an
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Question:
Alpha Kokak, after gaining knowledge about the tax evasion done by Guan Zone Company, reported to an officer in BIR. The CIR's agent thereafter investigated and collected an amount equal to P25,000,000. Because of Alpha Koka's effort, he was awarded an amount of P2,500,000. 1. How much is the reward that shall Alpha Kokak received? (2 pts) 2. How much is the final tax due from his reward? (3 pts)
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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