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2-3. A, resident alien, has the following income within and without the Philippines for 2018: Within Abroad 150,000 60,000 40,000 300,000 40,000 Salary and allowances Dividend income Royalty income-others Business income-net of Interest expenses deposits income-bank the Phil 300,000 90,000 50,000 200,000 30,000 What is the total final income tax due of A? What is the basic income tax due of A?

2-3. A, resident alien, has the following income within and without the Philippines for 2018: Within Abroad 150,000 60,000 40,000 300,000 40,000 Salary and allowances Dividend income Royalty income-others Business income-net of Interest expenses deposits income-bank the Phil 300,000 90,000 50,000 200,000 30,000 What is the total final income tax due of A? What is the basic income tax due of A?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2-3. A, resident alien, has the following income within and without the Philippines for 2018: Within the Phil 300,000 90,000 50,000 200,000 Abroad Salary and allowances Dividend income Royalty income-others Business income-net of 150,000 60,000 40,000 300,000 expenses Interest deposits income-bank 30,000 40,000 What is the total final income tax due of A? What is the basic income tax due of A?
Transcribed Image Text:2-3. A, resident alien, has the following income within and without the Philippines for 2018: Within the Phil 300,000 90,000 50,000 200,000 Abroad Salary and allowances Dividend income Royalty income-others Business income-net of 150,000 60,000 40,000 300,000 expenses Interest deposits income-bank 30,000 40,000 What is the total final income tax due of A? What is the basic income tax due of A?
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