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Find how much final tax withheld from raymond

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Reference no: EM132717271

Problem 1: Raymond owns 20% of the capital and profits of a general professional partnership. The partnership reported P500, 000 profits in 2014. How much final tax withheld from Raymond?

a. P 100, 000

b. P 50, 000

c. P 10, 000

d. P 0

Reference no: EM132717271

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