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How much final tax be withheld from dividend distribution

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Problem 1: Curandang submitted a sworn statement regarding the alleged tax evasion practices of Chitie Corporation. This led the BIR to recover P20,000,000 unpaid taxes. How much net tax informer's reward shall be paid to Mr. Curandang?

Problem 2: Zamboanga Corporation, a resident corporation, is a venturer in Southern Philippine Ventures (SPV), an incorporated joint venture formed under Philippine laws. Zamboanga owns 30% interest in SPV. During 2014, SPV reported P3,000,000 profit and declared P1,000,000 in dividends. How much final tax will be withheld from the dividend distribution to Zamboanga Corporation?

Reference no: EM132786957

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