In connection with the previous problem, suppose a certain government employee earns a performance benefit = ₱2,340/month, 13 th Month Pay = ₱15,780.43, and he has other benefits amounting to ₱6,000. How much of the additional earnings will be taxed?
In connection with the previous problem, suppose a certain government employee earns a performance benefit = ₱2,340/month, 13 th Month Pay = ₱15,780.43, and he has other benefits amounting to ₱6,000. How much of the additional earnings will be taxed?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In connection with the previous problem, suppose a certain government
employee earns a performance benefit = ₱2,340/month, 13 th Month Pay =
₱15,780.43, and he has other benefits amounting to ₱6,000. How much of the
additional earnings will be taxed?
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