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What the total percentage tax due from the winnings

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Reference no: EM132919783

Problem - A race track bettor won the following bets: On double, a bet of P200 and dividend of P200 per P20 ticket. On winner take all, a bet of P500 and a dividend of P1,000 per P50 ticket. On forecast, a bet of P1,000 and dividend of P100 per P20 ticket. What the total percentage tax due from the winnings?

Reference no: EM132919783

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