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How much income is subject to regular income tax

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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

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