Jerome is a resident citizen employed by TW corporation, Inc. He received the following from...
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Accounting
Jerome is a resident citizen employed by TW corporation, Inc. He received the following from his employer during 2018:
Basic compensation income P800,000
13th month pay 75,000
Productivity incentive pay 12,000
Christmas bonus 25,000
Uniform allowance 15,000
Actual medical allowance 10,000
Rice subsidy 24,000
compute taxable income?
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