How much informer tax reward after tax shall be released

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Problem 1: A concerned government employee furnished the BIR a statement detailing the improper tax practices of a corporate taxpayer. The information was instrumental to the collection of P500,000 tax. How much informer's tax reward after tax shall be released to the informantion?

Problem 2: Mr. Siegfried, a resident citizen, received P100,000 dividend income from Vodka, Inc., a domestic corporation. How much final tax must have been withheld by Vodka, Inc.?

Problem 3: Tiong Sang Department Store conducted a sales promotion where customer purchases exceeding P1,000 in one transaction shall be entitled to a ticket for a chance to win P500,000 raffle prize. Mr. Shing won the prize. How much shall Tiong Sang withhold from the grand prize?

Reference no: EM132786961

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