Solution-What is the second quarter income tax expense

What is the second quarter income tax expense

Reference no: EM133157678

Question - The estimated taxable income for Kaya Mo Yan Corporation on January 1, 2019 was P70,000, P100,000 , P100,000 and P 150,000 respectively for each of the four quarters of 2019. Kaya Mo Yan's estimated annual effective tax rate was 30%. During the second quarter of 2019, the estimated annual effective tax rate was 32%. What is the second quarter income tax expense?

Reference no: EM133157678

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What is the second quarter income tax expense

Reference no: EM133157678

Reference no: EM133157678

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