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How much of his income is subject to tax in the Philippines

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Reference no: EM132536519

Question - An single OFW with monthly income abroad amounting 20,000. He has a sari sari store in the Philippines with an average monthly income of 10,000.

If the OFW returned in the Philippines from March 1 of the taxable year and stayed to manage his sari-sari store, how much of his income is subject to tax in the Philippines?

a. 160,000

b. 120,000

c. 140,000

d. 40,000

Reference no: EM132536519

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