Business Income-Philippines 1,000,000.00 Business Income-Abroad 500,000.00 Rent Income on property abroad 350,000.00 Interest received from long-term deposit 30,000.00 Interest received from...


Rex, a Filipino residing in Laguna, has the following income for 2021:


Compute the income subject to regular income tax he has stayed abroad from March 15, 2020 to August 31, 2021.


Business Income-Philippines<br>1,000,000.00<br>Business Income-Abroad<br>500,000.00<br>Rent Income on property abroad<br>350,000.00<br>Interest received from long-term deposit<br>30,000.00<br>Interest received from short-term deposit<br>15,000.00<br>Rent Income on property in Isabela<br>200,000.00<br>

Extracted text: Business Income-Philippines 1,000,000.00 Business Income-Abroad 500,000.00 Rent Income on property abroad 350,000.00 Interest received from long-term deposit 30,000.00 Interest received from short-term deposit 15,000.00 Rent Income on property in Isabela 200,000.00

Jun 01, 2022
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