Determine the total tax due of hayabusa

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Question - Hayabusa is a resident citizen, earning compensation and business income for 2021 as follows:

Compensation income P1,400,000

Gross sales 2,800,000

Cost of sales 1,200,000

Operating expenses 650,000

Required - Determine the total tax due of Hayabusa assuming the business is a vat-registered entity.

Reference no: EM133120676

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