Answered: Gerardo de Guzman has a taxable…

Gerardo de Guzman has a taxable compensation income of Php 135 000. He is single with two qualified dependents. What is the amount of his tax due?

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 22CE

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1. Gerardo de Guzman has a taxable compensation income of
Php 135 000. He is single with two qualified dependents. What is the
amount of his tax due?

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