Required: 1. Compute the total taxable income of Redforwayt for the year 2023 2. Compute income tax
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Question:
Required:
1. Compute the total taxable income of Redforwayt for the year 2023
2. Compute income tax due of Redforwayt for the year 2023, if he opted to avail 8% income tax rate
3. Compute the income tax due of Redforwayt for the year 2023, if he is a VAT registered person
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