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How much is the final withholding tax

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Reference no: EM133111487

Question - A corporation has the following data for the past year: Gross income, Philippines P2,500,000Gross income, Japan 1,500,000; Expenses, Philippines 1,000,000; Expenses, Japan 500,000. How much is the final withholding tax assuming the corporation is nonresident foreign lessor of vessels chartered to Philippine nationals?

a. P625,000

b. P187,500

c. P112,500

d. P750,000

Reference no: EM133111487

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