Mr. Encina is a government employee. He is not engaged in business nor has any other source of income other than his employment. He earned a total taxable income of P854,000. How much is the income tax due?

Mr. Encina is a government employee. He is not engaged in business nor has any other source of income other than his employment. He earned a total taxable income of P854,000. How much is the income tax due?

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter5: Business Deductions

Section: Chapter Questions

Problem 2CE

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