How much income is earned by gareth outside the philippines

Assignment Help Accounting Basics
Reference no: EM132814739

Problem 1: Mrs. Smith, the legal wife of Mr. Smith who is the city treasurer of Baguio, provided an information to the Bureau of internal revenue unpaid taxes leading to the recovery of P9,500,000. How much is the net amount to be received by the informant after deduction of final taxes?

Problem 2: Joy, a resident alien, works home online and submits her output to clients. She collected P800,000 service fee from foreign clients and P200,000 from Philippine resident clients. How much income is earned by Gareth outside the Philippines?

Reference no: EM132814739

Questions Cloud

What the cam practice actually is : Please include the following points in the powerpoint: What the CAM practice actually is. What evidence is there that supports its use.
Compute the total income subject to income tax : Compute the total income subject to income tax. Unrealized foreign exchange gains from foreign currency receivables - P120,000
Discuss the impact of environment on iq levels : From the mensa test you have conducted do you think environment has played a part in your IQ levels?
Leadership change based on new culture : How might your expectations of gender and leadership change based on the new culture in Sweden and in Brazil?
How much income is earned by gareth outside the philippines : Collected P800,000 service fee from foreign clients and P200,000 from Philippine resident clients. How much income is earned by Gareth outside the Philippines?
Identify the amount of ounces in every fluid : Create a meal plan for one day for a patient on a 1500 calorie diet with No added salt (NAS) and a fluid restriction of 25 ounces of fluid daily.
What is stakeholder management : We have a group report and the specific topic I need to discuss is Stakeholder Management and Strategy Priotization.
Do you think the interest on payday loans : Do you think the interest on payday loans is too high or just right? Should Christians charge poor people interest on loans?
How much of dividend income of maki is subject to income tax : Maki is a Filipino citizen residing in the Philippines. How much of the dividend income of Maki is subject to income tax in the Philippines?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the dollar amount of the total depreciation

Bravo Manufacturing Company began operations on January 1, 2016. Determine the dollar amount of the total depreciation that will be in the FY 2016 Product Costs

  Falcon co produces a single product its normal selling

falcon co. produces a single product. its normal selling price is 30.00 per unit. the variable costs are 19.00 per

  Lamar corporation has a joint process which produces three

lamar corporation has a joint process which produces three products called a b and c. each product may be sold at

  Robertson corporations inventory balance was 22000 at the

robertson corporations inventory balance was 22000 at the beginning of the year and 20000 at the end. the inventory

  Summarize the sarbanes-oxley requirements

Summarize the Sarbanes-Oxley requirements for reporting on internal controls. Why are these requirements particularly onerous for smaller public companies

  What ethical issues can identify that are raised using phone

What ethical issues can you identify that are raised using smartphones in the workplace? What are your arguments on your identified ethical issues?

  Would you expect the deadweight loss due to moral hazard

Would you expect the deadweight loss due to moral hazard to be greater for the elective or non-élective services? Illustrate with a graph 2.

  Assuming that nick and jolene have total allowable itemized

nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and

  Explain what balance sheet exposure and transaction

Explain what balance sheet exposure and transaction exposure are and the difference between them.

  Discuss transactions appear on my income statement

How does my cash flow differ from my profit. Will these transactions appear on my income statement. My cash-flow statement

  Calculate meghans taxable income and net tax payable

Meghan also wholly maintained her father Phillip for the whole year. Calculate Meghan's taxable income and Net tax payable for the 2017/18 tax year

  Provide detailed descriptions and show all calculations

Provide detailed descriptions and show all calculations

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd