User Account

All Pages

How much income is subject to regular income tax

Assignment Help Accounting Basics
Reference no: EM133145431

Question - Mr. Sotto is a resident citizen who earned the following during the current taxable year: (1) Royalty income from abroad - P120,000; (2) Interest income from his loan extended to his friend living abroad - P30,000; (3) Dividend income from Globe Telecom Inc - P10,000.  How much income is subject to regular income tax?

Reference no: EM133145431

Questions Cloud

How this contract would appear in the statement : Calculate the amount of profit (or loss) and how this contract would appear in the statement of financial position for the financial years ending 31 December
How much is the tax basis of the old car : In 2021, he decided to buy a new car worth P2 Million and he traded-in his old car with a market value of P800,000.00. How much is the tax basis of the old car
Foundation for critical thinking : According to The Foundation for Critical Thinking (n.d.), "[c]ritical thinking is that mode of thinking-about any subject, content, or problem-in which the thin
Emerging communication medium : In addition, select one emerging communication medium that would be best suited to collectivist cultures and discuss why.
How much income is subject to regular income tax : Dividend income from Globe Telecom Inc - P10,000. How much income is subject to regular income tax
Negotiate a contract with a businessperson from france : You have to negotiate a contract with a businessperson from France. How will you approach them? How does the French communication pattern and listening habit di
Write a briefing paper on your findings to senior management : You are required to write a briefing paper on your findings to Senior Management to inform their decision. Please write it in an email or report format
Describe what happens when customers are inconvenienced : Please, can you answer these questions as a few paragraph for each question below as you can guys?
What is the marshmallow test : 1) What is the marshmallow test? What future (adult) consumer behaviors are related to test performance?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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