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From the given data below, how much is the final tax on the dividend earned by Cruz? * ZAX Corporation, a domestic corporation, declared a P1,000,00Q dividend for the current period 2021. The following are some stockholders of ZAX: Stockholder De Guzman Description Ownership 10% Cruz ABC Corporation DEF Corporation Resident citizen Non-resident alien engaged in business in the Philippines Domestic corporation Nonresident foreign corporation 15% 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 P1,000,00Q dividend for the current period 2021. The following are some stockholders of ZAX: Stockholder De Guzman Description Ownership 10% Cruz ABC Corporation DEF Corporation Resident citizen Non-resident alien engaged in business in the Philippines Domestic corporation Nonresident foreign corporation 15% 30% 10% a. P15,000 b. P30,000 c. P37,500 d. No final tax

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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From the given data below, how much is the final tax on the dividend earned by Cruz? * ZAX Corporation, a domestic corporation, declared a P1,000,000 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 30% DEF Corporation 10% a. P15,000 b. P30,000 c. P37,500 d. No final tax
Transcribed Image Text:From the given data below, how much is the final tax on the dividend earned by Cruz? * ZAX Corporation, a domestic corporation, declared a P1,000,000 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 30% DEF Corporation 10% a. P15,000 b. P30,000 c. P37,500 d. No final tax
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