From the given data below, how much is the final tax on the dividend earned by Cruz? ZAX Corporation, a domestic corporation, declared a P1,000,Q00 dividend for the current period 2021. The following are some stockholders of ZAX: Stockholder Description Ownership De Guzman Resident citizen 10% Non-resident alien engaged in business in the Philippines Domestic corporation Nonresident foreign corporation Cruz 15% ABC Corporation DEF Corporation 30% 10% a. P15,000 b. P30,000 c. P37,500 d No final tax
From the given data below, how much is the final tax on the dividend earned by Cruz? ZAX Corporation, a domestic corporation, declared a P1,000,Q00 dividend for the current period 2021. The following are some stockholders of ZAX: Stockholder Description Ownership De Guzman Resident citizen 10% Non-resident alien engaged in business in the Philippines Domestic corporation Nonresident foreign corporation Cruz 15% ABC Corporation DEF Corporation 30% 10% a. P15,000 b. P30,000 c. P37,500 d No final tax
Chapter25: Taxation Of International Transact Ions
Section: Chapter Questions
Problem 32P
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ISBN:
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Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT