WebExpert Answer. Taxpayers Information Taxpayer #1 Name:Keith DoxSIN: 805 127 115 DOB: August 13, 1985 Marital status:MarriedAddress: Place, Your City, YP, L3A 2N7 Phone number: (XXX) 369-7851 Taxpayer #2 Name:Katie D View the full answer. WebCHAPTER 15 CORPORATE TAXATION MAY 24, 2024 TAXATION FOR CORPORATION 1. A regional operating headquarters of a multinational company reported a net operating loss on its fifth year of operations: Gross Receipts P4,000,000 Less: Direct Cost of services 2,800,000 Other business expenses 1,500,000 What is the tax due? a. P0.00 b.
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WebDetermining the Date of Payment or Deemed Payment for the Purpose of Complying with Withholding Tax Obligations 5 3.4.3 Using the example in para 3.3.2, assume that on 30 … Web6. A VAT-taxpayer made the following sales during the month: Domestic sales P 2,100,000 Export sales P 1,000,000. What is the amount subject to business tax? a. P0 b. P 1,000,000 c. P 2,100,000 d. P 3,100,000 7. A non-VAT taxpayer made the … eoip behind nat
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WebFINALS-KEY BUSINESS TAXATION. advertisement. CHAPTER 9 INPUT VAT & 10 VAT STILL DUE + MISCELLANEOUS REQUIREMENTS True or False 1 True 1. Only VAT-registered taxpayers can claim input VAT. True 2. There is no input VAT from purchases made from non-VAT-registered suppliers. True 3. WebOn September 30, 2024, a taxpayer borrowed P1,000,000 at 10% annual interest to finance his. acquisition of a luxury car. Compute the deductible interest expense in 2024. - P50, - P … WebTaxpayer who registered with tax authority was issued a certificate of tax registration that contains its TIN. Under the new TIN regime, taxpayer who registers with industry & commerce authority will be issued a business licence that contains its Uniform Social Credit Code, which is also its TIN. eoin wilson