Salim is self-employed who owns his men barbershop AMIGO Hel celebrated the opening ceremony of AMIGO in

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Question:

Salim is self-employed who owns his men barbershop "AMIGO" Hel celebrated the opening ceremony of "AMIGO" in 15/09/2022. He received his first rent invoice in 1 5/10/2022 for a monthly rent of 5,000,000 LBP. And he also received his first electricity bill in 20/10/2022 totaling 2,500,000 LBP

Salim is married to Rima who is not working, and they have six children who are all under 15 years old. During 2022, Salim accumulated a total revenue of 900,000,000 LBP

country Lebabon

a. Calculate the total family abatements/deductions that Salim can benefit from according to his family status under ITL-Title l.

b. Calculate the Net Taxable income that will be subject to tax, given that the deemed profit rate for Men Barbershops regarding activity no. 930201 related to "Men's hair salon activities" which is the same business activity for "AMIGO", was 25% according to MOF decision no. 283/1 dated 7/3/2008