If a Filipino Citizen has a Time Deposit Account amounting to Php 1,500,000.00 and had earned Php

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If a Filipino Citizen has a Time Deposit Account amounting to Php 1,500,000.00 and had earned Php 10,000.00 for the year. How much was the Final Tax Withheld by the bank if the Time Deposit is withdrawable in less than 3 years?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Sep 22, 2023 06:46 AM

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If a Filipino Citizen has a Time Deposit Account amounting to Php 1,500,000.00 and had earned Php

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In the Philippines the final tax on interest income from a ... View the full answer

Income Tax Fundamentals 2013

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