Question: the first one pls kindly answer the first picture only if u are allowed to answer one question, thanks Ms. ABC, a resident American, had

 the first one pls kindly answer the first picture only if
u are allowed to answer one question, thanks Ms. ABC, a resident
American, had the following income: Prize, Philippines P500,000 Interest income, bank deposit,
300,000 Philippines Capital gain from sale of a 500,000 condominium unit (Cost
P4,500,000; FMV, time of sale, P6 million; and selling price of P5
million) Interest income from depository 200,000 bank under the Expanded Foreign Currency
Deposit System (EFCDS) Net capital gains from sale of 180,000 shares of
stock not traded in the local stock exchange (selling price P500,000) How
much is the total income tax? Your answer Miss JenGanda provided information
the first one pls
kindly answer the first picture only if u are allowed to answer one question, thanks

Ms. ABC, a resident American, had the following income: Prize, Philippines P500,000 Interest income, bank deposit, 300,000 Philippines Capital gain from sale of a 500,000 condominium unit (Cost P4,500,000; FMV, time of sale, P6 million; and selling price of P5 million) Interest income from depository 200,000 bank under the Expanded Foreign Currency Deposit System (EFCDS) Net capital gains from sale of 180,000 shares of stock not traded in the local stock exchange (selling price P500,000) How much is the total income tax? Your answer Miss JenGanda provided information to the government, which led the capture and seizure of smuggled goods with FMV of P 20, 000, 000. If the government destroyed the goods seized because these are regarded as harmful to health, how much cash reward would Ms. JenGanda receive? Your answer Mr. Omagana, a resident Japanese, owned 2,000 common shares of San Miguel Corporation with book value of P1,000,000. He sold half to Mr. Hapona, a direct buyer, for P1,000,000. The other half through the Philippine Stock Exchange for P950,000, inclusive of the broker's fee of P50,000. How much is the final income tax? Your answer Ms. ABC, a resident American, had the following income: Prize, Philippines P500,000 Interest income, bank deposit, 300,000 Philippines Capital gain from sale of a 500,000 condominium unit (Cost P4,500,000; FMV, time of sale, P6 million; and selling price of P5 million) Interest income from depository 200,000 bank under the Expanded Foreign Currency Deposit System (EFCDS) Net capital gains from sale of 199,000 shares of stock not traded in the local stock exchange (selling price P500,000) How much is the capital gains tax? Your answer A resident citizen of the Philippines had the following income items: Interest on Philippine peso P10,000 savings deposit in Allied Bank Interest on Philippine peso time 30,000 deposit with maturity of five years Interest on US dollar deposit 5,000 PCI-Equitable bank under FCDS Royalty from book copyrighted in 15,000 the Philippines Dividend from a domestic 20,000 corporation The final income tax withheld at source is: Your answer 0 This is a required question Kiko reports the following earnings during the year: Professional fee, net of the 10 % withholding tax P 450,000 Salary, net of P 60,000 withholding tax on wages 300,000 Capital gains from sale of Domestic stock directly to the buyer net of capital gains tax Winnings, net of passive income tax 149, 000 40,000 Prizes 8 000 How much is the amount of gross income subject to Capital Gains Tax? Your answer Kiko reports the following earnings during the year: Professional fee, net of the 10 % withholding tax P 450,000 Salary, net of P 60,000 withholding tax on wages 300,000 149,000 Capital gains from sale of Domestic stock directly to the buyer net of capital gains tax Winnings, net of passive income tax 40,000 Prizes 8,000 How much is the amount of gross earnings subject to normal tax? Your answer Kiko reports the following earnings during the year: Professional fee, net of the 10 % withholding tax P 450,000 Salary, net of P 60,000 withholding tax on wages 300,000 149, 000 Capital gains from sale of Domestic stock directly to the buyer net of capital gains tax Winnings, net of passive income tax 40,000 Prizes 8.000 How much is the amount of gross income subject to final tax? Your answer Mr. Raymond, a resident citizen of the Philippines, had shares of stock of a domestic corporation held as investment that he acquired for a purchase price of P250,000, not including acquisition expenses of P7500. The shares were not listed and traded in the local stock exchange. He sold the shares directly to the buyer for a selling price of P500,000 when the FMV was P450,000. He incurred selling expenses of P13,500. How much is the capital gains tax? Your

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