Solution-Find the income tax due if the corporation is

Find the income tax due if the corporation is domestic corp

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Reference no: EM132721298

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

Poblem 1: Compute the income tax due if the corporation is a non-resident foreign corporation:

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

Poblem 2: Compute the income tax due if the corporation is a domestic corporation:

Reference no: EM132721298

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Find the income tax due if the corporation is domestic corp

Reference no: EM132721298

Reference no: EM132721298

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