XY is a domestic corporation in the philippines. The corporation started operating year 2017. The taxable period is 2021 year gross income deductions net 2017 5,000,000 6,000,000 -1,000,000 2018...

XY is a  domestic corporation in the philippines. The corporation started operating year 2017. The taxable period is 2021

HOW MUCH IS THE regular CORPORATE INCOME TAX THAT SHOULD BE PAID IN 2021

1. 275,000


2. 50,000


3. 25,000


4. 20,000


5. Zero

WHAT IS THE NET TAXABLE IN 2021

1. 1,100,000


2. 1,000,000


3. 100,000


4. Zero