How much will Atty. Diokno receive?
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter18: Comparative Forms Of Doing Business
Section: Chapter Questions
Problem 2CE
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Question
Atty. Diokno owns 30% of the capital and profits of his law office. The law office reported P5,000,000 profits in 2021. The
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