Reference no: EM133083042
An individual taxpayer provided the following information
Gross business income, Philippines 5,000,000
Gross business income, Canada 2,000,000Gross business income, Singapore 1,000,000
Business expenses, Philippines 3,000,000Business expenses, Canada 1,000,000
Business expenses, Singapore 500,000
Determine the taxable income as well as the tax due assuming:
1. The taxpayer is a resident citizen
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