3-5. A, resident citizen, engaged in business in the Philippines, has the following for 2018:...
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3-5. A, resident citizen, engaged in business in the Philippines, has the following for 2018: 1st Q 2nd Q 3rd Q 4th Q Gross Income per Quarter 600000 740000 980000 1450000 Deductions per Quarter 280000 430000 610000 850000 W/tax at source per quarter
2000 3000 0 1000 Interest income bank 40000 20000 10000 10000 Compensation income 200000 200000 200000 200000 W/tax on compensation 5000 6000 6000 8000
What is the income tax due / payable of A per quarter?
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