Compute the income tax due if corporation is a non-resident

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Reference no: EM132721292

Berkshire Corporation reported the following gross income and expenses in 2020:

Philippines

Gross income - 400,000

Expenses - 200,000

Abroad

Gross income - 300,000

Expenses - 150,000

Problem 1: Compute the income tax due if the corporation is a non-resident owner or lessor of aircraft, machineries and other equipment corporation

Reference no: EM132721292

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