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Question - Using the same data except that her gross sales for the year was P3,800,000, how much is her total income tax expense assuming he opted to be taxed at 8% income tax rate?
Not over P250,000
0%
Over P250,000 but not over P400,000
20% of the excess over P250,000
Over P400,000 but not over P800,000
P30,000 + 25% of the excess over P400,000
Over P800,000 but not over P2,000,000
P130,000 + 30% of the excess over P800,000
Over P2,000,000 but not over P8,000,000
P490,000 + 32% of the excess over P2,000,000
Over P8,000,000
P2,410,000 + 35% of the excess over P8,000,000
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