Question: ANSWER THIS BASE ON PHILIPPINE SETTING EiTS Corporation was formed at the beginning of 2015. The statement of comprehensive income at the end of 2020

ANSWER THIS BASE ON PHILIPPINE SETTING

EiTS Corporation was formed at the beginning of 2015. The statement of comprehensive income at the end of 2020 showed the following amounts for the current taxable 1,.rear: Net Sales 9 30.000.000.00 Cost of Sales 9 22.000.000.00 Either Expenses 9 5,000,000.00 I 1 Present a computation of the regular corporate income tax due

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