M.a.k.e. .a. .e.x.p.e.c.t.e.d. .c.a.r.e.e.r. .o.f. .y.o.u.r. .f.u.t.u.r.e. .a.s. .a.,. .F.i.n.a.n.c.i.a.l. .M.a.n.a.g.e.r. ,. .p.u.t. .t.h.e. .s.h.o.r.t. .a.n.d. .l.o.n.g. .t.e.r.m. .o.b.j.e.c.t.i.v.e.s. .a.n.d. .b.e.n.e.f.i.t.s.
Q: T.o.p.i.c.:. .D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e N.o.t.e.:. .I.n.c.o.m.e.…
A: Income taxation in the Philippines involves various deductions and computations to determine the net…
Q: W h a t i s b u s i n e s s e t h i c s a n d w h y i s i t i m p o r t a n t i n…
A: According to our guidelines, since you have asked for 3 different questions, we can only answer one…
Q: S.h.o.r.t. .u.n.d.e.r.s.t.a.n.d.i.n.g. .o.n. .t.h.e. .f.o.l.l.o.w.i.n.g. .t.o.p.i.c.s.…
A: The principles of taxation provide the foundation for the design and implementation of tax systems.…
Q: M a k e a c o m p a r a t i v e t a b l e o n t h e s p e c i f i c a m e n d m e n t…
A: The Philippine law of Republic Acts provides RA 265, RA 7653, and RA 11211 which comprise many areas…
Q: n y o u r o p i n i o n s w h a t i s c o r p o r a t e s o c i a l r e s p o n s i b…
A: Every company is created under legal boundaries as a separate entity having its own rights and…
Q: The Wages of Sin? Chris Dykstra, responsible for loss prevention at Westwind Electronics, took a…
A: The scenario presents a dilemma faced by Chris Dykstra, responsible for loss prevention at Westwind…
Q: D e s c r i b e t h e p r o c e d u r e s t h a t a re t y p i c a l l y u s e d b y…
A: Mergers and acquisitions (M&A) are a fundamental aspect of the business world. M&A…
Q: D e f i n e a l l t y p e s o f s e x u a l h a r a s s m e n t t h a t o c c u r a…
A: Sexual harassment in the workplace is a prevalent form of harassment, particularly for women. Sexual…
Q: W h a t i s y o u r o p i n i o n s a b o u t t h e m o v i e D i s c l o s u r e a…
A: Note: The solution is provided in a generalized way. For decades, movies have served as both a…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .t.o. .d.o. .t.h.i.s. .t.a.s.k.,. .o.u.r. .b.u.s.i.n.e.s.s. .i.s.…
A: In the fast-paced world of phone accessories, staying ahead of the competition is crucial for the…
Q: E.x.p.l.a.i.n. .w.h.y. .i.s. .B.D.O. .c.e.d.i.t. .c.a.r.d. .i.s. .t.h.e. .b.e.s.t. .c.r.e.d.i.t.…
A: Credit cards are now an essential financial tool for people who want convenience, flexibility, and…
Q: p.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .s.t.a.t.e.m.e.n.t. .t.h.a.t. .t.h.e. .t.h.i.n.g.s. .I.…
A: Management is an integral part of an organization. It helps in coordinating the efforts of various…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .t.o. .a.n.s.w.e.r. .t.h.e. .f.o.l.l.o.w.i.n.g.,. .t.h.i.s. .i.s.…
A: The question is asking for at least three examples of operational strategies that KFC in the…
Q: D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n.…
A: In the Philippines, there are a number of deductions that can be taken from gross income in order to…
Q: M.a.k.e. .a.n. .e.s.s.a.y. .o.n. .h.o.w. .t.o. .b.e.c.o.m.e. a .F.i.n.a.n.c.i.a.l. .m.a.n.a.g.e.r
A: In today's complex and ever-changing financial landscape, the role of a financial manager is…
Q: C.o.m.p.a.r.e. .a.n.d. .c.o.n.t.r.a.s.t. .t.h.e. .f.o.l.l.o.w.i.n.g. .f.i.g.u.r.e. .b.e.l.o.w.…
A: As of June 2023, the numbers in Annex "A" show the regional daily minimum wage rates for the…
Q: In my case, I belong to a risk management group within a company operating six ramen shops in a…
A: Risk is inevitable in any type of business and therefore, every organization should have arrangement…
Q: P.r.i.c.i.n.g. .S.t.r.a.t.e.g.y. C.u.s.t.o.m.e.r. .S.e.r.v.i.c.e. .I.n.i.t.i.a.t.i.v.e.s…
A: McDonald's and Jollibee are two of the Philippines' most popular fast-food restaurants. McDonald's…
Q: C r e a t e a t a b l e t h a t c o m p a r e s t h e s p e c i f i c c h a n g e s…
A: The Philippine laws RA 7653, RA 265, and RA 11211 govern a wide range of aspects of business and…
Q: A p p r o a c h e s t o E m l o y e e s D e v e l o p m e n t F o r m a l E d u c a t i o n…
A: Employee development is an important aspect of any organization as it helps in enhancing the skills,…
Q: A.d.d. .m.o.r.e. .i.n.f.o.r.m.a.t.i.o.n. .a.b.o.u.t. .t.h.e. .p.a.r.t.n.e.r.s.h.i.p. .i.n.…
A: This review gives an in-depth overview of the Philippines' modified or revised partnership taxes…
Q: M a k e a n R e f l e c t i v e J o u r n a l i n e a c h o f t h e f o l l o w i n g…
A: This question has been answered in a generalized manner. A reflective diary is a private document…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .S.W.O.T. .A.n.a.l.y.s.i.s. .a.n.d. .T.O.W.S.…
A: In an ever-evolving digital landscape, the business of selling cell phone accessories, such as phone…
Q: You are in your new job as the Chief Financial Officer for a hospital that is struggling with…
A: If a healthcare unit struggles to collect payments from the patients then it will face difficulties…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .p.e.r.s.o.n.a.l. .p.i.t.c.h. .a.b.o.u.t. .t.h.e.…
A: A personal pitch is a succinct and impactful self-presentation that you use in a professional or…
Q: p.l.e.a.s.e. .m.a.k.e. .m.e. .a. .p.e.r.s.o.n.a.l. .p.e.r.s.o.n.a.l. .S.W.O.T. .A.n.a.l.y.s.i.s.…
A: Note: The answer has been authored in a generalized manner.trategic Management is a complete and…
Q: M.a.k.e. .a .d.e.t.a.i.l.e.d. .e.x.p.l.a.n.a.t.i.o.n. .a.b.o.u.t. .t.h.e. .f.o.l.l.o.w.i.n.g.:.…
A: Taxation plays a crucial role in generating revenue for governments and regulating economic…
Q: T.o.p.i.c.: .C.O.R.P.O.R.A.T.E. .I.N.C.O.M.E. .T.A.X.AT.I.O.N. .-. .P.h.i.l.i.p.p.i.n.e.s.…
A: Corporate income taxation in the Philippines is a vital component of the country's tax system. It…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .r.e.c.o.m.m.e.n.d.a.t.i.o.n. .f.o.r. .K.F.C. .b.a.s.e.d.…
A: The popular fast-food restaurant KFC has made a lasting impression in the Philippines thanks to its…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .r.e.c.o.m.m.e.n.d.a.t.i.o.n. .f.o.r.…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: S.h.o.r.t. .u.n.d.e.r.s.t.a.n.d.i.n.g. .o.n. .t.h.e. .f.o.l.l.o.w.i.n.g. .t.o.p.i.c.s.…
A: This brief overview provides a concise understanding of three important topics related to income…
Q: M a k e a n R e f l e c t i v e J o u r n a l i n e a c h o f t h e f o l l o w i n g…
A: Note: The solution is provided in a generalized way. Personal finance management is an important…
Q: p.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .s.t.a.t.e.m.e.n.t. .t.h.a.t. .t.h.e. .t.h.i.n.g.s. .I.…
A: Note: The answers have been authored in a generalized manner.Personal Development:Personal…
Q: P.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .p.i.t.c.h. .a.b.o.u.t. .p.a.r.t. .t.i.m.e. .j.o.b. .i.n.…
A: Title: "ChronoCrafters: Weaving Time into Masterpieces"Context: In the realm of modern storytelling…
Q: M.a.k.e. .a. .u.n.d.e.r.s.t.a.n.d.i.n.g. .o.f. .t.h.e. .u.p.d.a.t.e.s. .o.r. .r.e.v.i.s.i.o.n. .t.o.…
A: "The solution has been provided in a generalized manner."The Schedule of Compromise Penalties under…
Q: p.l.e.a.s.e. .m.a.k.e. .m.e. .a. .p.e.r.s.o.n.a.l. P.r.i.n.c.i.p.l.e.s. .a.n.d. .p.e.r.s.o.n.a.l.…
A: Establishing personal principles and goals is a great way to stay focused and motivated. Here's a…
Q: p.l.e.a.s.e. .h.e.l.p. .m.e. .m.a.k.e. .a. .s.t.a.t.e.m.e.n.t. .t.h.a.t. .t.h.e. .t.h.i.n.g.s. .I.…
A: Note: The answers have been authored in a generalized manner.Management skills encompass a scope of…
Q: a.s.e. .h.e.l.p. .m.e. .d.o. .t.h.e. .f.o.l.l.o.w.i.n.g.,. .g.i.v.e. .a.t.l.e.s.t. .3. .o.f. .t.h.e.…
A: Multinational fast-food businesses must combine global consistency and local adaptability in the…
Q: E.x.c.l.u.s.i.o.n. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n.…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students then the…
Q: .e.a.d. .t.h.e. .s.c.e.n.a.r.i.o. .b.e.l.o.w. .a.n.d. .a.n.s.w.e.r. .t.h.e. .f.o.l.l.o.w.i.n.g:…
A: The scenario revolves around Chris Dykstra, responsible for loss prevention at Westwind Electronics,…
Q: C r e a t e a t a b l e t h a t c o m p a r e s t h e s p e c i f i c c h a n g e s…
A: The Philippine statutes RA 265, RA 7653, and RA 11211 cover many facets of industry and commerce.…
M.a.k.e. .a. .e.x.p.e.c.t.e.d. .c.a.r.e.e.r. .o.f. .y.o.u.r. .f.u.t.u.r.e. .a.s. .a.,. .
Step by step
Solved in 3 steps
M.a.k.e. .a.n. .e.s.s.a.y. .o.n. .h.o.w. .t.o. .b.e.c.o.m.e. a .
by Bartleby Expert- T.o.p.i.c.:. .D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e I.n.c.o.m.e. .T.a.x.a.t.i.o.n. .-. .P.h.i.l.i.p.p.i.n.e. .B.a.s.e.d. E.x.p.l.a.i.n. .t.h.e. .a.l.l.o.w.a.b.l.e. .t.a.x. .t.r.e.a.t.m.e.n.t.s. .o.f. .e.x.p.l.o.r.a.t.i.o.n. .a.n.d. .d.e.v.e.l.o.p.m.e.n.t. .e.x.p.e.n.d.i.t.u.r.e.s.. W.h.a.t. .a.r.e. .t.h.e. .t.w.o. .a.l.t.e.r.n.a.t.i.v.e. .t.r.e.a.t.m.e.n.t.s. .o.f. .c.a.p.i.t.a.l. .e.x.p.e.n.d.i.t.u.r.e.s. .i.n.c.u.r.r.e.d. .b.y. .p.r.i.v.a.t.e. .e.d.u.c.a.t.i.o.n.a.l. .i.n.s.t.i.t.u.t.i.o.n.? D.i.s.t.i.n.g.u.i.s.h. .".d.e.f.i.n.e.d. .b.e.n.e.f.i.t. .p.l.a.n.". .f.r.o.m. .".d.e.f.i.n.e.d. .c.on.t.r.i.b.u.t.i.o.n. .p.l.a.n."R e a d t h e c a s e p r o b l e m a n d t h e s o l u t i o n I m a k e f o r t h e p r o b l e m b e l o w a n d m a k e a r e c o m m e n d a t i o n ( p a r a g r a p h f o r m ) a n d f i v e s t e p s o f h o w t h a t s o l u t i o n w i l l w o r k . C a s e p r o b l e m N a n c y i s a h i g h l y e d u c a t e d t o p e x e c u t i v e i n c h a r g e o f R & D . M i c h a e l w o r k s a s h e r u n d e r p a i d a s s i s t a n t a n d s t r u g g l e s t o p r o v i d e f o r h i s f a m i l y . H i s p e r f o r m a n c e r e v i e w s h a v e a l w a y s b e e n m o r e t h a n a d e q u a t e . M i c h a e l c r e a t e s a n i n n o v a t i v e s o f t w a r e s o l u t i o n t h a t h a n d l e s s i g n i f i c a n t c o m p a n y i s s u e s a s o n e o f h i s r e s e a r c h p r o j e c t s . H e t…T.o.p.i.c.: .C.O.R.P.O.R.A.T.E. .I.N.C.O.M.E. .T.A.X.AT.I.O.N. .-. .P.h.i.l.i.p.p.i.n.e.s. .b.a.s.e.d M.a.k.e. .a .d.e.t.a.i.l.e.d. .e.x.p.l.a.n.a.t.i.o.n. .a.b.o.u.t. .t.h.e. .f.o.l.l.o.w.i.n.g.:. T.a.x.a.t.i.o.n. .o.f. .N.o.n.-.r.e.s.i.d.e.n.t. .f.o.r.e.i.g.n. .c.o.r..p.o.r.a.t.i.o.n.s. C.o.r.p.o.r.a.t.i.o.n.s. .e.x.e.m.p.t. .f.r.o.m. .i.n.c.o.m.e.. t.a.x. T.a.x. .o.n. .o..t.h.e.r. .b.u.s.i.n.e.s..s. .e.n.t.i.t.i.e.s.:. .g.e.n.e.r.a.l. .p.a.r.t.n.e.r.s.h.i..p.s.,.. g.e.n.e.r.a.l. .p.r.o.f.e.s.s.i.o.n.a.l. .p.a.r.t.n.e.r.s.h.i.p.s.,. .c.o.-.o.w.n.e.r.s.h.i.p.s.,. .J.o.i.n.t. .v.e.n.t.u.r.e.s. C.o.r.p.o.r.a.t.e. .r.e.t.u.r.n.s. .(.q.u.a.r.t.e.r.l.y. .i.n.c.o.m.e. .t.a.x.,. .f.i.n.a.l. .a.d.j.u.s.t.m.e.n.t. .r.e.t.u.r.n.,. .w.h.e.n. .a.n.d. .w.h.e.r.e. .t.o. .f.i.l.e.,. .r.e.t.u.r.n. .o.f. .c.o.r.p.o.r.a.t.i.o.n.s. .c.o.n.t.e.m.p.l.a.t.i.n.g. .d.i.s.s.o.l.u.t.i.o.n. o.r. .r.e.o.r.g.a.n.i.z.a.t.i.o..n.) R.e.t.u.r.n. .o.n. .c.a.p.i..t.a.l. .g.a.i.n.s. .r.e.a.l.i.z.e.d. .f.r.o.m.…
- M.a.k.e. .a. .r.e.p.o.r.t. .a.b.o.u.t. .t.h.e. .P.a.r.t.n.e.r.s.h.i.p. .m.o.d.i.f.i.e.d. .o.r. .a.m.e.n.d.e.d. .o.f. .T.R.A.I.N. .o.r. .C.R.E.A.T.E. .l.a.w. .p.r.o.v.i.d.e.s. .a.l.s.o. .p.u.t. .a.n. .u.n.d.e.r.s.t.a.n.d.i.n.g. .a.b.o.u.t. .i.t. N.o.t.e.:. .I.n.c.o.m.e. .T.a.x.a.t.i.o.n. .P.h.i.l.i.p.p.i.n.e. .b.a.s.e.dM.a.k.e. .a. .d.e.t.a.i.l.e.d. .e.x.p.l.a.n.a.t.i.o.n. .w.i.t.h. .a.b.o.u.t. .W.i.t.h.h.o.l.d.i.n.g. .T.a.x.e.s. N.o.t.e.:. .W.i.t.h.h.o.l.d.i.n.g. .T.a.x.e.s. .P.h.i.l.i.p.p.i.n.e. .B.a.s.e.d.R e a d t h e c a s e b e l o w a n d a n s w e r 5 W 1 H q u e s t i o n b e l o w W h a t : W h e r e : W h e n : W h o : W h y : H o w : N a n c y i s a h i g h l y e d u c a t e d t o p e x e c u t i v e i n c h a r g e o f R & D . M i c h a e l w o r k s a s h e r u n d e r p a i d a s s i s t a n t a n d s t r u g g l e s t o p r o v i d e f o r h i s f a m i l y . H i s p e r f o r m a n c e r e v i e w s h a v e a l w a y s b e e n m o r e t h a n a d e q u a t e . M i c h a e l c r e a t e s a n i n n o v a t i v e s o f t w a r e s o l u t i o n t h a t h a n d l e s s i g n i f i c a n t c o m p a n y i s s u e s a s o n e o f h i s r e s e a r c h p r o j e c t s . H e t e l l s N a n c y a b o u t t h i s p r o g r a m i n t h e h o p e s t h a t i t w o u l d l e a d t o t h e r a i s e a n d p r o m o t i o n h e…
- T.h.r.e.e. .e.m.p.l.o.y.e.e.s. .o.f. .a. .l.e.n.d.i.n.g. .a.p.p. .w.h.o. .a.l.l.e.g.e.d.l.y. .h.a.r.a.s.s.e.d. .a.n.d. .d.e.g.r.a.d.e.d. .c.u.s.t.o.m.e.r.s. .w.h.o. .c.o.u.l.d.n.'.t. .p.a.y. .r.i.g.h.t. .a.w.a.y. .w.e.r.e. .d.e.t.a.i.n.e.d... .T.h.e. .N.B.I. .a.g.e.n.t.s. .h.a.n.d.e.d. .o.v.e.r. .t.h.o.s.e. .w.h.o.,. .i.n. .t.h.e.i.r. .o.p.i.n.i.o.n.,. w.e.r.e. .e.n.g.a.g.e.d. .i.n. .o.n.l.i.n.e. .n.e.t. .s.h.a.m.i.n.g.,. .w.h.i.c.h. .i.s. .s.a.i.d. .t.o. .i.n.v.o.l.v.e. .c.a.l.l.i.n.g. .a.n.d. .t.e.x.t.i.n.g. .t.h.o.s.e. .w.h.o. .c.a.n.n.o.t. .p.a.y. .t.h.e.i.r. .d.e.b.t.s. .o.n. .t.h.e. .o.n.l.i.n.e. .a.p.p. .a.n.d. .e.v.e.n. .p.e.o.p.l.e. .w.h.o. .d.i.d. .n.o.t. .b.o.r.r.o.w. .b.u.t. .a.r.e. .i.n. .t.h.e. .c.o.n.t.a.c.t.s. .o.f. .t.h.o.s.e. .w.h.o. .t.o.o.k. .l.o.a.n.s.,. .s.o. .t.h.e. .e.m.p.l.o.y.e.e.s. .a.n.d. .o.f.f.i.c.i.a.l.s. .o.f. .t.h.e. .e.s.t.a.b.l.i.s.h.m.e.n.t. .i.n. .t.h.e. .P.h.i.l.i.p.p.i.n.e.s. .w.e.r.e. .n.o.t. .s.p.a.r.e.d. .f.r.o.m. .t.h.e. .a.t.t.a.c.k. .b.y.…M a k e a p o i n t e r s l e a r n i n g a b o u t c r e a t e l a w R A 1 1 5 3 4 a n d t r a i n l a w R A 1 0 9 6 3 i n P h i l i p p i n e l a w N o t e : M a k e i t l o n g f o r m e t o u n d e r s t a n d i t m o r e .D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n. .-. .P.h.i.l.i.p.p.i.n.e.s. .b.a.s.e.d E.x.p.l.a.i.n. .t.h.e. .n.a.t.u.r.e. .o.f. .“.d.e.d.u.c.t.i.o.n.s. .f.r.o.m. .g.r.o.s.s. ..i.n.c.o.m.e.”? D.i.f.f.e.r.e.n.t.i.a.t.e. .".r.e.v.e.n.u.e. .e.x.p.e.n.d.i.t.u.r.e.s.". .f.r.o.m. .".c.a.p.i.t.a.l. .e.x.p.e.n.d.i.t.u.r.e.s...". .G.i.v.e. .e.x.a.m.p.l.e.s. .f.o.r. .e.a.c.h. S.t.a.t.e. .t.h.e. ..co.n.d.i.t.i.o.n.s. .i.n. .o.r.d.e.r. .t.h.a.t. .c.o.s.t.s. .a.f.t.e.r. .a.c.q.u.i.s..i.t.i.o.n. .o.f. ..de.p.r..ec.i.a.b.l.e. .a.s.s.e.t.s. .s.h.a.l.l. .b.e. .c.a.p.i.t.a.l.i.z.e.d. S.t.a.t.e. .t.h.e. .r.u.l.e. .r.e.g.a.r.d.i.n.g. .s.i.t.u.s. .o.f. .d.e.d.u.c.t.i.b.l.e. .e.x.p.e.n.s.e.s.?. .W.h.a.t. .a.r..e .t.h.e. .i.t.e.m.s. .o.f. .e.x.p.e.n.s.e. .t.h.a.t. .a.r.e. .n.o.t. .d.e.d.u.c.t.i.b.l.e. .f.r.o.m. .g.r.o.s.s. .i.n.c.o.m.e.?. G.i.v.e. .t.h.e. .b.a.s.i.c. .f.o.r.m.a.t. .i.n. .t.h.e. .t..ax.. r.e.t.u.r.n. .t.o. .c.o.m.p.u.t.e. .t.h.e. .n.e.t.…
- R.e.a.d. .t.h.e. .c.a.s.e. .b.e.l.o.w. .a.n.d. .a.n.s.w.e.r. .t.h.e. .f.o.l.l.o.w.i.n.g. .q.u.e.s.t.i.o.n.s. G.i.v.e. .a. .b.r.i.e.f. .o.v.e.r.v.i.e.w. .o.f. .t.h.e. .c.o.m.p.a.n.y.'.s. .h.i.s.t.o.r.y. C.o.n.d.u.c.t. .a. .c.o.m.p.r.e.h.e.n.s.i.v.e. .a.n.a.l.y.s.i.s. .t.o. .p.i.n.p.o.i.n.t. .t.h.e. .o.r.g.a.n.i.z.a.t.i.o.n.'.s. .i.n.h.e.r.e.n.t. .s.t.r.e.n.g.t.h.s. .a.n.d. .w.e.a.k.n.e.s.s.e.s. P.u.t. .y.o.u.r.s.e.l.f. .i.n. .t.h.e. .s.h.o.e.s. .o.f. .M.c.D.o.n.a.l.d.'.s. .C.o.r.p.o.r.a.t.i.o.n.'.s. .s.t.r.a.t.e.g.i.s.t... .D.e.s.c.r.i.b.e. .y.o.u.r. .a.p.p.r.o.a.c.h. .t.o. .s.t.r.a.t.e.g.i.c. .p.l.a.n.n.i.n..g.,. .i.n.c.l.u.d.i.n.g. .t.h.e. .m.o.d.e.l.s. .a.n.d. .p.r.o.c.e.d.u.r.e.s. .y.o.u. .w.o.u.l.d. .u.s.e. .t.o. .d.e.v.e.l.o.p. .t.h.i.s. .p.l.a.n.. O.u.t.l.i.n.e. .t.h.e. .m.e.t.h.o.d.s. .a.n.d. .a.p.p.r.o.a.c.h.e.s. .t.h.a.t.,. .a.c.c.o.r.d.i.n.g. .t.o. .t.h.e. .c.a.s.e.,. .h.a.v.e. .f.u.e.l.e.d. .M.c.D.o.n.a.l.d.'.s. .d.e.v.e.l.o.p.m.e.n.t. .a.n.d. .i.n.t.e.r.n.a.t.i.o.n.a.l.…S.h.o.r.t. .u.n.d.e.r.s.t.a.n.d.i.n.g. .o.n. .t.h.e. .f.o.l.l.o.w.i.n.g. .t.o.p.i.c.s. I.n.d.i.v.i.d.u.a.l. .I.n.c.o.m.e. .T.a.x.a.t.i.o.n C.R.E.A.T.E. .a.n.d. .T.R.A.I.N. .L.a.w G.r.o.s.s. .I.n.c.o.m.e. .E.X.C.L.U.S.I.O.N. .a.n.d. .D.E.D.U.C.T.I.O.N.S. .N.o.t.e.:. .P.h.i.l.i.p.p.i.n.e. .b.a.s.e.d. .I.n.c.o.m.e. .T.a.x.a.t.i.o.nD.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n. .-. .P.h.i.l.i.p.p.i.n.e.s. .b.a.s.e.d S.t.a.t.e. .t.h.e .r.u.l.e.s. .f.o.r. .d.e.p.r.e.c.i.a.t.i.n.g.. p.r.o.p.e.r.t.i.e.s. .u.s.e.d. .i.n. ..p.e.t.r.o.l.e.u.m. .o.p.e.r.a.t.i.o.n.s. .a.n.d. .S.t.a.t.e. .t.h.e. .r.u.l.e.s. .f.o.r. .d..e.p.r.e.c.i.a.t.i.n.g. .p.r.o.p.e.r.t.i.e.s. .u.s.e.d. ..i.n. .m.i.n..in.g. .o.p.e.r.a.t.i.o.n.s. E.x.p.l.a.i.n. .t.h.e. .a.l.l.o.w.a.b.l.e. .t.a.x. .t.r.e.a.t.m.e.n.t.s. .o.f. .e.x.p.l.o.r.a.t.i.o.n. .a.n.d. .d.e.v.e.l.o.p.m.e.n.t. .e.x.p.e.n.d.i.t.u.r.e.s. W.h.a.t. .a.r.e. .t.h.e. .t.w..o .a.l.t.e.r.n.a.t.i.v.e. .t.r.e.a.t.m.e.n.t.s. .o.f. .c.a.p.i.t.a.l. .e.x.p.e.n.d.i.t.u.r.e.s. .i.n.c.u.r.r.e.d. .b.y. .p.r.i.v.a.t.e. .e.d.u.c.a.t.i.o.n..a.l. .i.n.s.t.i.t.u.t.i.o.n.? D.i.s.t.i.n.g.u.i.s.h. .".d.e.f.i.n.e.d. .b.e.n.e.f.i.t. .p.l.a.n.". .f.r.o.m. .".d.e.f.i.n.e.d. .c.o..nt.r.i.b.u.t.i.o.n. .p.l.a.n."
