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How much is his taxable income

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Reference no: EM132944075

Question - Nicanor, had the following data for taxable year 2020:

Country Philippines Japan

Gross income Php 1 Million Php 500,000

Expenses Php 400,000 Php 200,000

Based on the foregoing facts, assuming Nicanor is a resident citizen, how much is his taxable income?

Reference no: EM132944075

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