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Corporate Income Tax in the Philippines by Xyla Marie Estor is a document available to read on EtoBox.

What is Corporate Income Tax in the Philippines about?

Domestic corporations are subject to a 30% tax on taxable income. ABS Corp, a domestic corporation, had gross income of PHP 2,000,000 and expenses/losses of PHP 1,000,000 in its second year of operations, resulting in taxable income of PHP 1,000,000. At a 30% tax rate, ABS Corp

Author

Xyla Marie Estor

Language

EN