Compute the income tax due if corporation is international

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Reference no: EM132721287

Berkshire Corporation reported the following gross income and expenses in 2020:

Philippines

Gross income - 400,000

Expenses - 200,000

Abroad

Gross income - 300,000

Expenses - 150,000

Problem 1: Compute the income tax due if the corporation is an international air carrier

Reference no: EM132721287

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