Splet04. jan. 2024 · PCSO winnings. Previously, PCSO winnings, regardless of amount, were exempt from tax. Train subjects PCSO winnings to a 20% final withholding tax if the amount is more than P10,000. SpletThe taxpayer had the following data at the end of the current year: Philippines South Korea Gross profit from sales P3,000,000 P10,000,000 Interest from FC bank deposit 20,000 40,000 Royalties from patents 60,000 100,000 Dividends from domestic corporation 50,000 0 Prizes 12,000 0 Operating expenses 2,000,000 5,000,000 Assuming that the taxpayer is …
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SpletTaxation (SBA21) Disaster Readiness & Risk Reduction (DRRR 01) Entrepreneurship In Tourism And Hospitality (THC1109) business logic (001) Secondary Education (BSED 1201) Purposive Communication (GEC 4000) Financial Accounting And Reporting (AC108) Management Accounting (BSMA 101) Bachelor in Secondary Education (ESP001) Law of … SpletPedro, a resident of Isabela Province had the following data for taxable year 2024: ... 22,000 1,000 Prize won in contest 10,000 Winnings from PCSO 80,000 Sales of shares of stocks of a domestic corp. directly to the buyer (cost P 10,000) 30,000. Additional information: Pedro received the following dividend income during the taxable year: ... costume akatsuki tobi
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SpletI. CJ, single, had the following data for 2024 taxable year: Gross business income, ... income from composition 25,000 Raffle draw winnings 10,000 PCSO winnings 200,000 Creditable withholding taxes on business income 125,000 . REQUIRED: 1. Determine the following assuming the taxpayer is a resident citizen: a. Taxable net income b ... SpletQuarterly Income Tax For Individuals, Estates and Trusts (Including Those With Mixed Income, i.e., Compensation Income and Income from Business and/or Practice of Profession) Annual Income Tax For Corporations and Partnerships Account Information Form For Corporations and Partnerships Quarterly Income Tax For Corporations and … SpletRaffle draw winnings 10,000 PCSO winnings 200,000 Total GROSS Income P905,000 x 25% Income Tax Due/expense P226,250 2-5 1. Taxpayer is a resident citizen a. Taxable net income = P1,076,100 b. Income tax payable = P212,830 c. Final tax on passive income = P68,030 d. Capital gains tax = P120,600 Solution: From Phils. From Abroad Total costumbre objetiva y subjetiva