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How much is the income tax due

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Reference no: EM132978484

Question - A resident foreign corporation has the following data for the year 2021

Gross income, Philippines P 25,000,000

Gross income, USA 10,000,000

Deductions, Philippines 24,500,000

Deductions, USA 8,000,000

Required - How much is the income tax due?

Reference no: EM132978484

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