A Domestic Corporation has the following data on income and 1. expenses: Gross business income Operating expenses including SSS and Philhealth contributions of 150,000 Contributions to government for...


A Domestic Corporation has the following data on income and<br>1.<br>expenses:<br>Gross business income<br>Operating expenses including SSS and Philhealth<br>contributions of 150,000<br>Contributions to government for priority project in<br>education<br>Contributions to a foreign private foundation<br>Contribution to a domestic charitable organization 190,000<br>6.200,000<br>2,500,000<br>110,000<br>100,000<br>a) Determine the total amount of deductible charitable and other<br>contributions.<br>

Extracted text: A Domestic Corporation has the following data on income and 1. expenses: Gross business income Operating expenses including SSS and Philhealth contributions of 150,000 Contributions to government for priority project in education Contributions to a foreign private foundation Contribution to a domestic charitable organization 190,000 6.200,000 2,500,000 110,000 100,000 a) Determine the total amount of deductible charitable and other contributions.

Jun 09, 2022
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