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ASSIGNMENT MODULE 7 UNIT 2 ITR1701 INCOME TAX RATES-1 [Protected View] - Excel Ella Jane Navera X File Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do Share PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X C23 X v fx A B C D E F G H J K L M MODULE 7 UNIT 2 TAX RATES ITR 1701 0 W N P RETURNABLE INCOME Print your name here 1 The net taxable compensation income reported in 1700 is P260,000. How much is its income tax due? The net taxable business income in 1701 is P240,000. 2 How much is its income tax due? TRAIN LAW (effective year 2018 ) Which of the following is qualified to the 8% optional income tax rate on the P2,000,000 3 Net Income Tax + % on the Excess 10 gross business income? 11 a. Supervisory employee b. VAT registered self employed 12 c. Non VAT KTV business d. Non VAT rice dealer 0