21. A resident alien has a net business net income of P2,200,000 in the Philippines and P1,250,000 from abroad. Compute the income tax due а. Р 654,000 О Б.Р454,000 O c. P 554,000 O d.Р754,000

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Q: Business Income-Philippines 1,000,000.00 Business Income-Abroad 500,000.00 Rent Income on property…

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Q: Which statement is wrong? *   A resident citizen and a resident alien have a final tax of 15% on…

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Q: 1. Ana (resident citizen), earning compensation income and from self-employment, provided the…

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Q: Compute the tax due if the corporation is a non-resident foreign corporation. a. 800,000.00 b.…

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Q: Gross income: Philippines - P700,000 Foreign - 400,000 Expenses: Philippines - 380,000 Foreign -…

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Q: A resident foreign corporation received 900,000 dividends from a domestic corporation. How much…

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Q: Problem Solving 1A, non-resident alien not engaged in business in the Philippines, has the following…

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Q: 1. A resident citizen taxpayer sold a vacant lot (held as investment) in the Philippines. Other data…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

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Q: Compensation income, Philippines,   P     800,000 Gross business income, Philippines,   P1,200,000…

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Q: Problem 1: A non-resident alien not engaged in trade or business derived P50,000 interest income…

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Q: Summer Corporation’s business is international in scope and is subject to income taxes in a foreign…

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Q: 8. CCC is a Filipino CPA and owner of DDD Accounting Services. DDD Accounting Services is a VAT…

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Q: If the offshore banking unit can claim allowable deduction of P 2,830,000, how much is the offshore…

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Q: 20. A resident citizen has a compensation income of P1,250,000 within the Philippines and P150,000…

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Q: An alien received P200,000 compensation income in the Philippines and P300,000 rental income from…

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Q: An Omani establishment has drawn an invoice of RO 5,400 on account of a foreign sub-contractor. The…

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