Scribd Logo
Upload

Welcome to Scribd!

  • 205 views

    General Mathematics Performace Task - Arthur John A. Balo

    Uploaded by

    Wilma Balo
    The document discusses the tax structure in the Philippines. It provides the tax rates for different levels of annual income which range from 0% for incomes below 250,000 PHP to 35% for incomes over 8,000,000 PHP. It then calculates the tax dues for 6 community taxpayers based on their annual incomes using the piecewise tax rate function. A table and graph are presented to compare the taxpayers' annual incomes and corresponding tax dues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    General Mathematics Performace Task - Arthur John A. Balo

    Uploaded by

    Wilma Balo
    205 views12 pages
    The document discusses the tax structure in the Philippines. It provides the tax rates for different levels of annual income which range from 0% for incomes below 250,000 PHP to 35% for incomes over 8,000,000 PHP. It then calculates the tax dues for 6 community taxpayers based on their annual incomes using the piecewise tax rate function. A table and graph are presented to compare the taxpayers' annual incomes and corresponding tax dues.

    Original Title

    General Mathematics Performace Task_arthur John a. Balo

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses the tax structure in the Philippines. It provides the tax rates for different levels of annual income which range from 0% for incomes below 250,000 PHP to 35% for incomes over 8,000,000 PHP. It then calculates the tax dues for 6 community taxpayers based on their annual incomes using the piecewise tax rate function. A table and graph are presented to compare the taxpayers' annual incomes and corresponding tax dues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    205 views12 pages

    General Mathematics Performace Task - Arthur John A. Balo

    Uploaded by

    Wilma Balo
    The document discusses the tax structure in the Philippines. It provides the tax rates for different levels of annual income which range from 0% for incomes below 250,000 PHP to 35% for incomes over 8,000,000 PHP. It then calculates the tax dues for 6 community taxpayers based on their annual incomes using the piecewise tax rate function. A table and graph are presented to compare the taxpayers' annual incomes and corresponding tax dues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

    Performance Task

    In
    General Mathematics
    Tax Structure
    In
    The Philippines
    ARTHUR JOHN A. BALO
    11-STEM2
    What is a tax structure?
    T he tax structure consists of the central
    government, state governments, and local
    municipal bodies. The direct tax includes
    income tax, gift tax, capital gain tax, etc.
    While indirect tax includes value-added
    tax, service tax, good and service tax,
    customs duty, etc.
    The Rubrics
    GOAL- To represent the tax structure of the
    Philippines

    ROLE- A newly hired public accountant in your


    community

    AUDIENCE- Small time business taxpayers

    SITUATION- You need to compare the amount of tax


    deducted from taxpayers within their various
    levels of income.
    Annual Income Tax Rate
    P250,000 and below 0%
    This is the BIR
    Above P250,000 to P400,000 20% of the excess over
    P250,000 tax table
    Above P400,000 to P800,000 P30,000 + 25% of the excess applicable from
    over P400,000 year 2018 to
    Above P800,000 to P2,000,000 P130,000 + 30% of the
    excess over P800,000
    2022.
    Above P2,000,000 to P490,000 + 32% of the
    P8,000,000 excess over P2,000,000
    Above P8,000,000 P2,410,000 + 35% of the
    excess over P8,000,000
    Piecewise Function
    Where;
    Function’s Equation
    X= annual taxable income
    T(x)= A+[P(x-y)]
    Y= minimum value of salary range

    A= additional amount of a salary range

    P= percentage of the excess


    Community Taxpayers
    A.)Christian Dior D.)Donatella Versace
    =P235,760 =P1,598,000

    E.)Alain Wertheimer
    B.)Stefano Gabbana =P5,687,000
    = P396,787

    C.)Aldo Gucci F.)Bernard Arnoult


    =P500,000 =P9,886,000
    A.)Christian Dior B.)Stefano Gabbana
    T(x)= A+[P(x-y)] T(x)= A+[P(x-y)]
    = 0+[0(235,760-250,000)] = 0+[0.20(396,787-250,000)]
    =0(-14,240) =0.2(146,787)
    T(x) =0 T(x)=P29,357.4
    C.)Aldo Gucci
    T(x)= A+[P(x-y)]
    = 30,000+[0.25(500,000-400,000)]
    =0.25(100,000)
    T(x)=P 50,000

    D.)Donatella Versace
    T(x)= A+[P(x-y)]
    = 130,000+[0.30(1,598,000-800,000)]
    = 130,000+[0.30(798,000)]
    =130,000+ 293,400
    T(x)=P 369,400
    E.)Alain Wertheimer
    T(x)= A+[P(x-y)]
    = 490,000+[0.32(5,687,000-2,000,000)]
    = 490,000+[0.32(3,687,000)]
    =490,000+1,179,840
    T(x)=P1,669,840

    F.)Bernard Arnoult
    T(x)= A+[P(x-y)]
    = 2,410,000+[0.35(9,886,000-8,000,000)]
    = 2,410,000 0+[0.35(1,886,000)]
    = 2,410,000 +565,800
    T(x)=P2,975,800
    Table Of Function Values
    TAXPAYERS (x)ANNUAL INCOME (y) TAX DUES
    Christian Dior P235,760 0
    Stefano Gabbana P396,787 P29,357.4
    Aldo Gucci P500,000 P 50,000
    Donatella Versace P1,598,000 P 369,400
    Alain Wertheimer P5,687,000 P1,669,840
    Bernard Arnoult P9,886,000 P2,975,800
    The Graph
    10,000,000

    5,000,000

    1,000,000

    500,000

    100,000

    50,000

    0 29,357.40 50,000 369,400 1,669,840 2,9755,800


    (Christian (Stefano (Aldo (Donatella (Alain (Bernard
    Dior) Gabbana) Gucci) Versace) Wertheimer) Amoult)

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy