Compute the income tax due

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Berkshire Corporation reported the following gross income and expenses in 2020: Philippines Abroad Total gross income. P 400,000 P 300,000 P 700,000 Deductions 200.000 150,000 350,000 Taxable income P 200.000 150,000 P 350,000 Compute the income tax due if the corporation is a/an: a. domestic corporation.

Reference no: EM132945385

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