Jamie receives a basic pay ofP29,880 a month and a 2% commissionon her sales. She sold P505,000 inDecember 2021.How much is her Taxable income?How much is her Tax due?P

Total Taxable Income will be Salary (P29880*12) P358560 Commission (P505,000 * 2%) P10,100…

Answered: Jamie receives a basic pay of P29,880 a…

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter12: Tax Administration And Tax Planning

Section: Chapter Questions

Problem 22MCQ: Melodie's taxable income is $39,000 and she pays income tax of $4,489. If Melodie's taxable income...

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Jamie receives a basic pay of P29,880 a month and a 2% commission on her sales. She sold P505,000 in December 2021. How much is her Taxable income? How much is her Tax due? P