Question 3 of 43 Fill in the blanks La Pagayo Corporation commenced business operations in calendar year 2001. It is subject to MCIT beginning 2005. Income taxes during the years from 2005 to 2012 are as fa Normal Corporate Year Minimum Corporate Income Tax Excess of MCIT over NCIT Income Tax 2005 P25,000 P100,000 P75,000 2006 130,000 150,000 20,000 2007 200,000 190,000 0 2008 0 300,000 300,000 2009 10,000 50,000 40,000 2010 15,000 60,000 45,000 2011 8,000 40,000 32,000 2012 1,000 50,000 49,000 EQUIRED: Determine Income Tax still due and payable for the 2005 to 2012 come tax still due and payable for 2011 is OTE Answers are in numerical form COMMA PESO SIGN and other characters are NOT REQUIRED < Previous e here to search Ri 27°C H Shot on OnePlus X
Question 3 of 43 Fill in the blanks La Pagayo Corporation commenced business operations in calendar year 2001. It is subject to MCIT beginning 2005. Income taxes during the years from 2005 to 2012 are as fa Normal Corporate Year Minimum Corporate Income Tax Excess of MCIT over NCIT Income Tax 2005 P25,000 P100,000 P75,000 2006 130,000 150,000 20,000 2007 200,000 190,000 0 2008 0 300,000 300,000 2009 10,000 50,000 40,000 2010 15,000 60,000 45,000 2011 8,000 40,000 32,000 2012 1,000 50,000 49,000 EQUIRED: Determine Income Tax still due and payable for the 2005 to 2012 come tax still due and payable for 2011 is OTE Answers are in numerical form COMMA PESO SIGN and other characters are NOT REQUIRED < Previous e here to search Ri 27°C H Shot on OnePlus X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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