Bluedragon is engaged in the following business activities for the year 2021: buying and selling of computer of computer parts with gross sales of P1,500,000 and as a freelance graphic artist with gross receipts of P1,000,000. Assuming the taxpayer opted for the income tax of 8% for self-employed individuals, how much is the percentage tax? *
Bluedragon is engaged in the following business activities for the year 2021: buying and selling of computer of computer parts with gross sales of P1,500,000 and as a freelance graphic artist with gross receipts of P1,000,000. Assuming the taxpayer opted for the income tax of 8% for self-employed individuals, how much is the percentage tax? *
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
Problem 18P
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Bluedragon is engaged in the following business activities for the year 2021: buying and selling of computer of computer parts with gross sales of P1,500,000 and as a freelance graphic artist with gross receipts of P1,000,000. Assuming the taxpayer opted for the income tax of 8% for self-employed individuals, how much is the percentage tax? *
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