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A resident citizen, married with 2 qualified dependents has the following data for the year...

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Accounting

A resident citizen, married with 2 qualified dependents has the following data for the year 2020. 


Gross sales PH (5,000,000)Sales returns PH(500,000), Cost of sales PH (1,500,000)


Gross sales UK(3,000,000),Sales returns UK(200,000), Cost of sales UK (800,000), 


Business Expenses PH (500,000), Business Expenses UK (300,000)


Interest income peso deposit BDO-Manila. (20,000),Interest income USD deposit BPI Makati (50,000)


 gain from sale of residential house and lot (SP: 3,000,00; FMV:5,000,000; Gain 500,000)


Gain from sales of shares of stock - traded in PSE (Gain 30,000,SP 100,000), Gain from sale of stock not traded in PSE (150,000).

1. How much is the total final tax on passive income?

2. How much is the capital gains tax due?

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