Question: What is the deficiency interest based on the following data: Basic tax unpaid - P20,000 30 days late Taxable year - 2021 a. P197.26 b.
What is the deficiency interest based on the following data: Basic tax unpaid - P20,000 30 days late Taxable year - 2021 a. P197.26 b. P295.80 c. Any of these d. P328.77.
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To calculate deficiency interest we need to use the following formula Deficiency Interest Basic Tax ... View full answer
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