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ABC Corporation gave the following fringe benefits to the following employees: How much is the total fringe benefit tax?

Posted: Thu Apr 28, 2022 10:35 am
by answerhappygod
ABC Corporation gave the following fringe benefits to the
following employees:
How much is the total fringe benefit tax?
Group of answer choices
a. P382,051
b. P492,052
c. P443,590
d. P484,615
2.
How much is the total fringe benefit tax?
Group of answer choices
P382,051
P492,052
P443,590
P484,615
2. Mr. Santos received the following yearly benefits from his
employer, ABC Corporation:
How much is the taxable 13th month pay and other benefits?
Group of answer choices
a. P0
b. P131,000
c. P41,000
d. P11,000
3. The following are the royalties received as passive
income by a taxpayer for the period:
Source
USA
Philippines
Books
P1,200,000
P1,500,000
Literary Works
2,000,000
1,000,000
Patents
1,500,000
2,000,000
Musical Compositions
5,000,000
1,800,000
The final tax on royalties if the taxpayer is a resident alien
is:
a. P930,000
b. P3,200,000
c. P830,000
d. P1,260,000