taxpayer received a notice from the BIR to file his 2019 income tax return not later than January 15, 2021. The tax due per his return is P80,000. How much is the surcharge penalty? a. P9,600
taxpayer received a notice from the BIR to file his 2019 income tax return not later than January 15, 2021. The tax due per his return is P80,000. How much is the surcharge penalty? a. P9,600
Chapter12: Tax Administration And Tax Planning
Section: Chapter Questions
Problem 7MCQ
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Question
A taxpayer received a notice from the BIR to file his 2019 income tax return not later than January 15, 2021. The tax due per his return is P80,000. How much is the surcharge penalty?
a. P9,600
b. P20,000
c. P40,000
d. P16,000
e. Answer not given
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