Mr. Sy is working as a freelance professional in UDN Corporation. He is earning professional fees amounting
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Question:
Mr. Sy is working as a freelance professional in UDN Corporation. He is earning professional fees amounting to Php60, 000.00 per month and is a Non-VAT registered.
a. During the filing of his First Quarter Income Tax Return, which method of computing income tax is more advantageous? Justify your answer.
b. During the filing of his Annual Income Tax Return, which method of computing income. tax is more advantageous? Justify your answer.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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