Compute how much informer tax reward after tax released

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Reference no: EM132726319

Problem 1: Mr. Curandang submitted a sworn statement regarding the alleged tax evasion practices of Chitie Corporation. This led the BIR to recover P20,000,000 unpaid taxes. How much net tax informer's reward shall be paid to Mr. Curandang?

a. P 1,800,000

b. P 1,600,000

c. P 1,000,000

d. P 900,000

Problem 2: A concerned government employee furnished the BIR a statemet detailing the improper tax practices of a corporate taxpayer. The information was instrumental to the collection of P500,000 tax. How much informer's tax reward after tax shall be released to the information?

a. P 0

b. P 40, 000

c. P 45, 000

d. P 50, 000

Reference no: EM132726319

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