Mr. Curandang submitted a sworn statement regarding the alleged tax evasion practices of Chitie Corporation. This led the BIR to recover P20,000,000 unpaid taxes. How much net tax informer’s reward shall be paid to Mr. Curandang?

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter12: S Corporations
Section: Chapter Questions
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Mr. Curandang submitted a sworn statement regarding the alleged tax evasion practices of Chitie Corporation. This led the BIR to recover P20,000,000 unpaid taxes. How much net tax informer’s reward shall be paid to Mr. Curandang?
 
 P 1,800,000
P 900,000
P 1,600,000
P 1,000,000
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