What is the applicable business tax

Assignment Help Accounting Basics
Reference no: EM133015292

Problem - Pedro is a big time fish dealer. His gross receipts during 2020 taxable year amounted to P 5,000,000. What is the applicable business tax and the amount due that Pedro should pay for the year?

Reference no: EM133015292

Questions Cloud

How marketers use technology to improve customer retention : Provide an example of how marketers use technology to improve customer retention and enhance their bonds with customers?
How much should she contribute to her RRSP : If Mercedes wants to contribute to her RRSP where the after-tax cost is $2,000, how much should she contribute to her RRSP
Management and organizational behavior concepts : This question relates to a trend in this country in mixing religion with management and organizational behavior concepts and theories.
Explain the origin of crisis : 1. Explain the origin of this crisis. Give me a summary of this crisis consisting of the reasons of this crisis and the breadth and extent of the crisis. Identi
What is the applicable business tax : Pedro is a big time fish dealer. His gross receipts during 2020 taxable year amounted to P 5,000,000. What is the applicable business tax
How can one take steps to avoid making such mistakes : Using the concepts; motivation, attitude, and self-concept, Illustrate how consumers make decisions that could possibly lead to negative consequences to themsel
Propose various forms of cyber security solutions : a. Propose various forms of cyber security solutions that can be taken by LinkedIn to prevent these threats.
What is the applicable business tax of Pedro : Pedro is engaged in the following during 2020 taxable year: trucking business (Gross receipts - P1,600,000), What is the applicable business tax of Pedro
Great understanding between people in different countries : 1. Globalization and technological development have led to a great understanding between people in different countries?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd