Mrs. Smith, the legal wife of Mr. Smith who is the city treasurer of Baguio, provided an information to the Bureau of internal revenue unpaid taxes leading to the recovery of P9,500,000. How much is the net amount to be received by the informant after deduction of final taxes? * a. P950,000 b. P1,000,0000 c. P855,000 d. 0
Mrs. Smith, the legal wife of Mr. Smith who is the city treasurer of Baguio, provided an information to the Bureau of internal revenue unpaid taxes leading to the recovery of P9,500,000. How much is the net amount to be received by the informant after deduction of final taxes? * a. P950,000 b. P1,000,0000 c. P855,000 d. 0
Chapter15: Exempt Entities
Section: Chapter Questions
Problem 18P
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Question
Mrs. Smith, the legal wife of Mr. Smith who is the city treasurer of Baguio, provided an information to the Bureau of internal revenue unpaid taxes leading to the recovery of P9,500,000. How much is the net amount to be received by the informant after deduction of final taxes? *
a. P950,000
b. P1,000,0000
c. P855,000
d. 0
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT