1.

Who of the following individual taxpayers is taxable on income derived from within and without the
Philippines?
A. Dow Ber, a native of Bacolod City, working as overseas contract worker in Singapore.
B. Jayric, naturalized Filipino citizen and married to a Filipina. He had been living in Pampanga since 1990.
C. Clement Jeff, Spanish citizen and resident of Madrid, Spain, spent a one week vacation in Boracay
D. Oh Ro Pel, a Korean singer, held a 3-day concert in Manila.
Si Jayric Kay usa ka naturalized Filipino citizen nga nagpuyo sa Pampanga since 1990, gi-consider siya nga
resident citizen sa Philippines. Kay according sa balaod sa Philippine Taxation, ang mga resident citizens taxable
sa tanang income nga madawat nila, gikan man sa sulod ug gawas sa nasud.

2. A Filipino citizen is a natural person who is/has

I. Born by birth with father and/or mother as Filipino citizens
II. Born Before January 17, 1973 of Filipino mother who elects Philippine citizenship upon reaching the
age of majority.
III. Acquired Philippine Citizenship after birth (naturalized) in accordance with Philippine laws.
A. I only
B. I and II only
C. I and III only
D. I, II and III
I. Tinuod nga usa ka natural nga Filipino kung ikaw natawo nga ang imong amahan ug/o inahan mga Filipino.
II. Para sa mga natawo bago pa ang Enero 17, 1973 nga inahan lang ang Filipino, kinahanglan ang pag-pili sa
pagka-Pilipino inig abot sa edad nga majoriyad (edad sa legalidad).
III. Pwede usab ang naturalized Filipino diin ang usa ka tawo mahimong usa ka Filipino human sa
pagkapanganak, pinaagi sa pagsunod sa mga balaod Philippine citizenship.

Use the following data for the next three questions

3. Paula is a newly registered non-vat taxpayer engaged in trading of cellphone accessories on February
1, 2021. In September 2021, her cumulative gross sales reached P3,500,000. Assumer further that she
availed 8% income tax rate upon her registration with the BIR on February 1, 2021 or upon filing her first
quarterly income tax return. Which of the following statements is correct?
A. Paula is required to register under the VAT system on or before October 31, 2021, one month from the time she
exceeded the P3M vat threshold.
B. She is required to file percentage return covering the sales/receipts and other non-operating income from
February 1 to September 30, 2021 without imposition of penalty if timely paid.
C. She is liable to VAT beginning November 1, 2021
D. All of the above
A. Sakto nga kinahanglan ni Paula magparehistro sa VAT system on or before October 31, 2021. Matud sa
balaod, ang non-VAT taxpayer nga nakalapas sa P3 million threshold kinahanglan magparehistro sa VAT within
one month human makalapas sa VAT threshold nga P3 million.
B. Ang pag-file sa percentage tax return gikan sa February 1 hangtod sa September 30, 2021, kinahanglan, kay
bag-o pa siya nga non-VAT taxpayer ug naka-avail sa 8% income tax rate. Kung siya nakabayad on time, walay
multa.
C. Tama nga magsugod siya nga liable sa VAT gikan November 1, 2021, kay nalapas niya ang P3 million
threshold sa September. Ang VAT liability magsugod sunod bulan after malapas ang threshold.

4. Statement 1: Paula shall be automatically subjected to graduated income tax rates from the time the
gross sales/receipts and other non-operating income exceeded the VAT threshold.
Statement 2: The 8% income tax rate paid by Paula shall be credited/deducted from her annual income tax
due using the graduated income tax regime.
A. Only statement 1 is correct
B. Only statement 2 is correct
C. Both statements are correct
D. Both statements are incorrect
Statement 1: Tama kini nga statement kay kung ang gross sales/receipts ni Paula mo-exceed sa VAT threshold
nga ₱3,000,000, ma-revert siya dayon sa graduated income tax rates base sa NIRC. Niingon ang balaod nga
after malapas ang VAT threshold, di na siya maka-avail sa 8% flat income tax, ug kinahanglan na siya
magcompute gamit ang graduated income tax rates.
Statement 2: Tama usab kini nga statement kay kung si Paula nagbayad og 8% income tax rate sa mga earlier
quarters sa tuig, kani nga mga bayad mahimong ma-credit or madeduct gikan sa iyang final income tax liability
computed under the graduated rates.

5. Assume that Paula did not avail the 8% Income tax rate upon her registration with the BIR on February
1, 2021 or upon filing of her first quarterly income tax return. Which of the following statements is
correct?
Statement 1: She is subject to the graduated income tax rate.
Statement 2: The last quarterly percentage return that she needs to file should cover the period from July
1 to September 2021, which is due on or before October 25, 2021.
A. Only statement 1 is correct
B. Only statement 2 is correct
C. Both statements are correct
D. Both statements are incorrect
Ang saktong tubag mao ang A. Only statement 1 is correct. Ani nga kaso, si Paula wala ni-avail sa 8% income tax
rate pagparehistro niya sa BIR sa February 1, 2021 o pag-file niya sa iyang una nga quarterly income tax return.
Base sa balaod, kon dili ka mo-avail sa 8% tax rate sa una nga pag-file, ma-subject ka sa graduated income tax
rate. Mao nga statement 1 sakto.
Sa statement 2, ang last quarterly percentage tax return dili kay July 1 to September 2021. Kini kay ang mga
individual nga nagbayad og percentage tax kinahanglan magpadayon hangtod ilang business activity mohunong o
mag-avail sila sa 8% income tax rate. Sa kaso ni Paula, kay wala siya mo-avail sa 8%, ang pag-file sa percentage
tax nagpadayon hangtod dili mohunong iyang negosyo o magbag-o iyang tax option. Mao nga ang statement 2
dili sakto.

Use the following data for the next five questions.

Doctor Gregorio is a professional consultant visiting many hospitals in a week. Due to the pandemic, he has been
tirelessly seeing patients and their relatives advising them as to the proper management of the disease. Doctor
Gregorio being paid his professional fees, which the hospitals subject to ten percent (10%) creditable withholding
tax. For taxable year 2021, Doctor Gregorio received P3,780,000, net of withholding tax, from the hospitals.
One such hospital is Taguig City Hospital. The accountant of Taguig City Hospital recorded a payable to Doctor
Gregorio amounting to P140,000 on March 19, 2021. However, the check payable to Doctor Gregorio was only
issued by the Treasury Department on May 4, 2021 and was encashed by Doctor Gregorio on July 20, 2021.

6. Is Doctor Gregorio qualified under the substituted filing of returns?

A. No. Doctor Gregorio is not subject to final withholding tax.
B. No. Doctor Gregorio is not a compensation income earner.
C. Yes. Assuming there was a proper withholding on all of Doctor Gregorio’s income.
D. Yes. Considering Doctor Gregorio’s gross receipts exceeded the P3,000,000 threshold.
Dili ma qualify si Doctor Gregorio sa substituted filing kay dili man siya usa ka compensation income earner. Ang
substituted filing para ra na sa mga empleyado nga ang buhis ginakuhaan na daan sa ilang sweldo ug ang
employer na ang mag-file sa ilang income tax return sa BIR. Si Doctor Gregorio kay independent consultant ug
ang iyang income gi-applyan og 10% creditable withholding tax, dili final tax. Mao nga kinahanglan siya mag-file
sa iyang kaugalingong income tax return.

7. Which of the following statements is true?

A. Doctor Gregorio should declare P4,200,000 as part of his income in his income tax return, and claim P420,000
as income tax credit.
B. Doctor Gregorio should declare P4,200,000 as part of his income in his income tax return, but he cannot claim
P420,000 as income tax credit.
C. Doctor Gregorio should declare P3,780,000 as part of his income in his income tax return, and claim P420,000
as income tax credit.
D. Doctor Gregorio should declare P3,780,000 as part of his income in his income tax return, but he cannot claim
P420,000 as income tax credit.
Si Doctor Gregorio nagadawat og bayad gikan sa mga ospital nga subject sa 10% nga creditable withholding tax.
Ang ihatag sa ospital kay net na nga kantidad human kuhaa ang withholding tax. Gipakita nga nakadawat siya og
P3,780,000, nga mao ang net amount. Kini nagpaila nga ang gross income ni Doctor Gregorio (before deduction
of the withholding tax) mao ang P4,200,000.
Kani nga P4,200,000 maoy dapat iyang ideklara isip iyang income kay kini ang gross amount. Ang withholding tax
nga gikuha, P420,000, mahimong iyang iclaim nga income tax credit, kay mao man kini ang tax nga gitampo sa
mga ospital alang sa iyang ngalan.

8. Who is the withholding agent?

A. Doctor Gregorio
B. Patients
C. Treasury Department
D. Taguig City Hospital
Ang withholding agent mao ang Taguig City Hospital. Ang withholding agent mao ang responsable sa pag-deduct
ug pag-remit sa withholding tax gikan sa mga bayad sa income sa usa ka indibidwal o kompanya. Sa kaso ni Dr.
Gregorio, siya naka-dawat og professional fees gikan sa mga ospital, ug kini subject sa creditable withholding tax.
Ang Taguig City Hospital, isip empleyado o accountant, mao ang mag-hold sa tax ug mag-submit niini ngadto sa
BIR (Bureau of Internal Revenue). Mao nga ang Taguig City Hospital ang gitawag nga withholding agent.

9. To claim income tax credit, Doctor Gregorio should attach witch certificate to his income tax return?
A. BIR Form No. 2303
B. BIR Form No. 2306
C. BIR Form No. 2307
D. BIR Form No. 2316
Ang hustong tubag ani nga pangutana kay ang BIR Form No. 2307 kay mao ni nga form ang ginahatag sa mga
withholding agents sama sa hospital aron sa pag-report sa creditable withholding taxes nga ilang gideduct sa
bayad sa mga professionals, sama kang Dr. Gregorio. Ang Form 2307 nag-serve isip proof sa pagbayad sa tax sa
income nga gi-subject sa withholding tax, ug mao kini ang form nga gamiton ni Dr. Gregorio aron i-claim ang tax
credit sa iyang income tax return.

10. In what quarter should Taguig City Hospital remit the withholding taxes on its income payments to
Doctor Gregorio?
A. First Quarter
B. Second Quarter
C. Third Quarter
D. First or Second Quarter, at the option of Taguig City Hospital
Kay ang bayranan kang Dr. Gregorio na-record isip “payable” niadtong March 19, 2021, bisan ang tseke gi-issue
sa May 4, 2021, ug gi-encash sa July 20, 2021. Tungod kay na-accrue o na-record na ang payable sa March 19,
ang withholding tax kinahanglan i-remit sa first quarter. Busa, ang sakto nga tubag mao ang A. First Quarter.

11. Professional fees, promotional, and talent fees, or any other form of remuneration for the services
rendered by a non-individual payee shall be subject to creditable withholding tax rate of:
A. 5% if the individual payee’s gross income for the current year did not exceed P3,000,000.
B. 5% if the individual payee’s gross income for the current year is more than P3,000,000.
C. 5% if the individual payee’s gross income for the current year did not exceed P720,000
D. 10% If the individual payee’s gross income for the current year did not exceed P720,000.
Kay ang mga bayad alang sa professional fees, promotional fees, talent fees, o ubang klase nga kompensasyon
nga nadawat sa non-individual payee (pananglitan mga kompanya o partnerships), kung ang ilang gross income
sa current year wala moabot ug P720,000, gibanabanang 10% ang creditable withholding tax (CWT) rate nga
ipatuman.

12. Statement 1: Self-employed is a sole proprietor or independent contractor who reports income earned
from self-employment. She/he control who s/he works for, how the work is done and when it is done.
Statement 2: A professional is a person formally certified by a professional body belonging to a specific
profession by virtue of having completed a required examination or course of studies and/or practice,
whose competence can usually be measured against an established set of standards.
A. Only statement 1 is correct
B. Only statement 2 is correct
C. Both statements are correct
D. Both statements are incorrect
Statement 1: Sakto kini nga ang self-employed usa ka sole proprietor o independent contractor nga nag-report sa
income nga gikan sa iyang kaugalingong negosyo. Siya adunay control kinsa ang iyang trabahoan, unsaon
pagtrabaho, ug kanus-a kini buhaton.
Statement 2: Sakto usab kini nga ang usa ka professional usa ka tawo nga pormal nga gihatagan og certification
sa usa ka professional body human makapasar sa mga kinahanglanon sama sa eksaminasyon o kurso.
Kasagaran kini nga klase nga mga tao kay gisukod base sa usa ka established nga mga standards.

13. Statement 1: Overseas Filipino Workers duly registered as such with the Philippine Overseas
Employment Administration (POEA) with valid overseas employment certificate (OEC) refer to Filipino
citizens employed in foreign countries and whose salaries are paid by employers abroad and are not
borne by entities or persons in the Philippines.
Statement 2: Filipino citizen seafarers who receive compensation for services rendered abroad as a
member of the complement of a vessel engaged exclusively for international trade are considered
Overseas Employment Administration (POEA) with a valid Overseas Employment Certificate (OEC) with
Seafarers Identification Record Book (SIRB) or Seaman’s Book issued by the Maritime Industry Authority
(MARINA).
A. STATEMENT 1 True ; STATEMENT 2 True
B. STATEMENT 1 False ; STATEMENT 2 False
C. STATEMENT 1 True ; STATEMENT 2 False
D. STATEMENT 1 True ; STATEMENT 2 True
Statement 1: tinuod kay ang Overseas Filipino Workers (OFWs) ginadetermina isip mga Filipino citizens nga
nagtrabaho sa gawas sa nasud. Ang ilang sweldo gikan sa employer nga naa sa gawas sa Pilipinas ug dili gikan
sa bisan unsang entity o tawo nga naa sa Pilipinas. Para mahimong OFW, kinahanglan nga rehistrado sila sa
Philippine Overseas Employment Administration (POEA) ug adunay valid Overseas Employment Certificate
(OEC) .
Statement 2: tinuod usab. Mga Filipino seafarers nga nagtrabaho sa gawas sa nasud, nga miyembro sa crew sa
usa ka barko nga exclusive nga naglihok sa international trade, giisip nga mga OFWs. Kinahanglan nga
rehistrado pud sila sa POEA, adunay OEC, ug Seafarers Identification Record Book (SIRB) o Seaman’s Book nga
gi-isyu sa Maritime Industry Authority (MARINA) .

14. Statement 1: The theory in citizenship that the Philippines follow is jus soli
Statement 2: Under jus sanguinis, the citizenship of a person is determined by his or her parents.
A. Only statement 1 is true
B. Only Statement 2 is true
C. Both statements are correct
D. Both statements are incorrect
Statement 1 sayop tungod kay ang Pilipinas dili mosunod sa “jus soli” nga prinsipyo. Jus soli nagpasabot nga ang
usa ka tawo mahimong citizen base sa lugar diin siya natawo, apan ang Pilipinas nasunod sa jus sanguinis, nga
nagpasabot nga ang citizenship sa usa ka tawo ibase sa pagka-citizen sa iyang mga ginikanan.
Statement 2 sakto kay ang jus sanguinis nagpasabot nga ang citizenship sa usa ka tawo matino base sa
citizenship sa iyang mga ginikanan.

15. Tayshaun Mcknight is a non-resident alien. He stayed in the Philippines for a period of 70-days from
March to May, went abroad and returned to the Philippines for a period of 120 days from August to
December. For tax purposes, Tayshaun considered as a non-resident alien engaged in trade or business?
A. Yes, considering that his longest stay in the PH was for continuous period of 120 days.
B. Yes, considering that he stayed in the PH for an aggregate period of 190 days.
C. No, considering that his longest stay in the PH was only for a continuous period of 120 days.
D. No, considering that he stayed in the PH only for an aggregate period of 190 days.
Sumala sa Section 25(A) sa National Internal Revenue Code (NIRC), usa ka non-resident alien mahimong
makaingon nga engaged in trade or business kung siya nagpuyo sa Pilipinas sulod sa usa ka aggregate period
nga labaw sa 180 ka adlaw sa usa ka tuig.
Si Tayshaun nagpuyo sa Pilipinas sulod sa 70 ka adlaw gikan Marso hangtod Mayo ug usab sa 120 ka adlaw
gikan Agosto hangtod Disyembre, nga nagtotal og 190 ka adlaw. Tungod kay ang iyang total nga pagstay niabot
og labaw sa 180 ka adlaw, klasipikado siya isip non-resident alien nga engaged in trade or business.

16. Who among the following individual taxpayers is qualified under substituted filing, assuming they are
all resident citizens?
A. Angel, who is employed as an accounting teacher in two universities in cavite.
B. Sandara, who sell cupcakes in her free time.
C. Cheska, who is employed as a chef in a five-star restaurant, but at the same time, won the lottery in the current
taxable year amounting to P200M.
D. Allona, who receives a professional fees as a singer.
A. Angel: Dili siya makwalipikar sa substituted filing kay adunay duha ka trabaho (sa duha ka unibersidad). Ang
substituted filing gikinahanglan nga usa lang ang employer.
B. Sandara: Nagbaligya siya og cupcakes sa iyang free time, nga nagpasabot nga adunay siya’y extra source of
income, gawas sa iyang panginabuhi. Dili kini mo-qualify para sa substituted filing.
C. Cheska: Siya usa ka empleyado sa usa ka restaurant. Bisan tuod nakadaog siya sa lotto, ang winnings dili
taxable income, ug dili kini makaapekto sa iyang kwalipikasyon para sa substituted filing. Tungod kay wala siyay
lain nga taxable income gawas sa trabaho, siya ra ang angay nga makwalipikar sa substituted filing.
D. Allona: Siya usa ka singer nga nagadawat ug professional fees. Dili kini mo-qualify kay ang iyang kita gikan sa
professional fees taxable, ug dili gikan sa regular employment nga walay laing kita.
Busa, si Cheska ra ang maka qualify para sa substituted filing.

17. Statement 1: In filing the BIR Form No. 1604-E, remittance will be simultaneously made by the
withholding agent of the withholding taxes so declared.
Statement 2: In case of termination of employment, a certificate of creditable tax withheld at source (BIR
Form No. 2307) must be issued to the employee on the same day the last payment of wages is made.
A. Only statement 1 is true
B. Only Statement 2 is true
C. Both statements are correct
D. Both statements are incorrect
Statement 1: Dili sakto nga ang pag-file sa BIR Form No. 1604-E kay adunay simultaneous na pag-remit sa
withholding taxes. Ang BIR Form No. 1604-E usa ka Annual Information Return para sa mga na-credit nga
withholding taxes gikan sa mga income payments sa final na Expanded Withholding Taxes (EWT). Ang remittance
sa withholding taxes kinahanglan himuon separately ug regularly sa mga required periods (monthly or quarterly),
dili during sa pag-file mismo sa 1604-E.
Statement 2: Dili pud sakto nga maghimo og BIR Form No. 2307 (Certificate of Creditable Tax Withheld at Source)
sa same day nga paghatag sa last wages. Ang BIR Form No. 2316 ang gi-issue kung may termination sa
employment para sa income tax withholding purposes, dili BIR Form No. 2307, ug dapat ang employer mag-issue
niini within 30 days from the date of termination.
18. Assuming the taxpayer follows the calendar year, the deadline for the filing of the second quarter
Quarterly Remittance Return of Creditable Income Taxes Withheld (BIR FORM NO. 1601EQ) is
A. June 30
B. July 15
C. July 31
D. August 15
July 31 ang deadline para sa pag-file sa second quarter Quarterly Remittance Return of Creditable Income Taxes
Withheld (BIR Form No. 1601EQ) kung ang imong tax period kay nagasunod sa calendar year.
Ang pag-file sa quarterly return sa expanded withholding taxes kinahanglan himuon dili molapas sa katapusan
nga adlaw sa bulan nga mosunod sa pagsira sa quarter diin ang withholding gihimo. Sa imong giingon nga
second quarter, mosira kini sa June 30, busa ang deadline para sa pag-file kay July 31.
Ang ubang opsyon:
June 30 ug July 15 dili sakto kay dili kini mao ang mga deadline para sa quarterly remittance return.
August 15 sobra na nga pamaagi, kay ang deadline kay July 31.

19. Statement 1: If an income is already subjected to creditable withholding tax, it is no longer reported as
part of gross income subject to regular income tax.
Statement 2: If an income is already subjected to final withholding tax, it is reported as part of gross
income at an amount net of the amount of tax withheld.
A. Only statement 1 is true
B. Only Statement 2 is true
C. Both statements are correct
D. Both statements are incorrect
Statement 1: Kung ang usa ka income kay subjected sa creditable withholding tax (CWT), dili pasabot nga dili na
siya i-report isip gross income. Ang gross income gihapon i-report ug ang gibayad nga CWT mahimong i-claim as
tax credit.
Statement 2: Kung ang usa ka income kay subjected sa final withholding tax (FWT), dili siya i-apil sa gross
income nga returnable. Kay ang final withholding tax mao na ang ultimate tax, so dili na kinahanglan i-report ang
gross income kay ang tax natapos na bayran pinaagi sa withholding.
So sa maong pamaagi, dili tinuod nga ang income nga subjected sa final withholding tax i-report isip gross income
bisan sa net amount.

20. Professional fees, promotional, and talent fees, or any other form of remuneration for the services
rendered by an individual payee shall be subject to creditable withholding tax rate of:
A. 5% if the individual payee’s gross income for the current year did not exceed P3,000,000.
B. 5% if the individual payee’s gross income for the current year is more than P3,000,000.
C. 5% if the individual payee’s gross income for the current year did not exceed P720,000.
D. 10% if the individual payee’s gross income for the current year did not exceed P720,000.
Kay ang mga professional fees, promotional, ug talent fees nga gibayran ngadto sa mga individual payees
magdepende sa ilang gross income sa current year. Kung ang ilang kita dili molapas og P3,000,000, ang
withholding tax rate mao ang 5%. Apan kung molapas na ang kita sa P3,000,000 o VAT-registered sila, ang rate
mahimong 10%. Kinahanglan usab nga ang mga payees magsumite og sworn declaration aron makapahimulos
sa lower rate.

21. Which of the following is correct?

I. A citizen of the Philippines residing therein is taxable on all income derived from sources within and
without the Philippines.
II. A non-resident citizen is taxable on income derived from sources within the PH only.
III. An alien individual, whether a resident or not of the PH, is taxable on income derived from sources
within the PH only.
IV. A seaman who is a citizen of the PH and who receives compensation for services rendered abroad as a
member of the complement of a vessel engage in international trade shall be treated as an overseas
contract worker.
A. I, II, and III only
B. I, III and IV only
C. I, II and IV only
D. I, II, III and IV
I. Sakto nga ang usa ka Filipino nga nagpuyo sa Pilipinas (resident citizen) kinahanglan nga buwis-buhisan sa
tanan niyang kita gikan sa sulod ug gawas sa nasod.
II. Sakto nga ang usa ka non-resident citizen buwis-buhisan lamang sa iyang kita gikan sa sulod sa Pilipinas.
III. Sakto nga bisan kinsa nga foreigner, resident o dili, buwis-buhisan lamang sa ilang kita nga gikan sa sulod sa
Pilipinas.
IV. Sakto nga ang usa ka seaman nga Filipino citizen nga nagtrabaho sa gawas sa nasod isip usa ka miyembro
sa complement sa usa ka barko nga nagalugsong international trade giisip nga Overseas Contract Worker.

22. Statement 1: A professional also refers to a person who engages in some art or sport for money, as a
means of livelihood, rather than as a hobby.
Statement 2: Professional includes but is not limited to doctors, lawyers, engineers, CPAs professional
entertainers, artists, professional athletes, directors, insurance agents, technical consultants, and other
recipients of professional, promotional and talent fees.
A. Only statement 1 is correct
B. Only statement 2 is correct
C. Both statements are correct
D. Both statements are incorrect
Statement 1 kay sayop na daan kay dili kini kumpleto nga paghulagway sa tax definition sa “professional” sumala
sa mga balaod sa taxation sa Pilipinas. Ang usa ka “professional” kay naglakip sa tawo nga nagpasa ug
kwalipikasyon sa ilang propesyon pinaagi sa usa ka eksaminasyon ug nakab-ot ang standard competence sa
ilang field.
Statement 2 mao ang sakto kay kini nga statement mas detalyado ug eksakto, tungod kay kini naghulagway sa
mga klase sa mga professionals nga subject sa mga balaod sa taxation dinhi sa Pilipinas, labi na nga ang mga
artist, mga atleta, ug mga talent fee earners apil sa kategorya sa mga professionals.

23. Statement 1: Taxable income from self-employment (business and profession) is reported on a
quarterly basis and annual basis.
Statement 2: The quarterly income tax return shall be filed and the tax paid as follows: 1 st Quarter – not
later than May 15, 2nd Quarter – not later than August 15, 3rd Quarter – not later than November 15.
A. Statements 1 and 2 are false
B. Statement 1 is true but statement 2 is false
C. Statement 1 is false but statement 2 is true
D. Statements 1 and 2 are true
Statement 1: Nga ang kita nga naabot gikan sa self-employment (negosyo ug propesyon) kay i-report kada
quarter ug kada tuig, sakto kini. Ang mga self-employed kinahanglan mag-file ug quarterly income tax returns ug
annual income tax return .
Statement 2: Nga nag-ingon nga ang quarterly income tax return kay bayaran ug i-file sa mga petsang “May 15,
August 15, ug November 15” sayop kini. Sa tinuod, ang quarterly tax returns kay kinahanglan i-file sulod sa 60 ka
adlaw gikan sa kataposang adlaw sa matag quarter.

24. Who among the following taxpayers can avail of the special income tax rate?
A. VAT registered domestic corporation
B. Non-VAT registered non-resident alien not engage in trade or business
C. VAT-registered resident citizens
D. Non-VAT registered non-resident citizens
Ang sakto nga tubag mao ang A. VAT registered domestic corporation. Kay sila ra ang makabenepisyo sa special
income tax rate pinaagi sa CREATE Act.
According sa Corporate Recovery and Tax Incentives for Enterprises Act (CREATE Act), ang mga domestic
corporations nga naka-register as VAT or non-VAT, ug eligible, mahatagan og special income tax rate nga 20% or
even lower, depende sa ilang kinitaan ug status.
A. VAT registered domestic corporation – Pwede kini makabenepisyo kay ang mga domestic corporations nga
VAT-registered qualify sa mga special income tax rates basta sila eligible.
B. Non-VAT registered non-resident alien not engaged in trade or business – Dili kini pwede, kay wala sila
magnegosyo sa Pilipinas ug wala’y privilege nga ihatag nga special income tax rates alang sa non-resident aliens
nga dili involved sa negosyo.
C. VAT-registered resident citizens – Kini dili eligible, kay ang special income tax rate ilaha ra sa mga
corporations, dili individual citizens.
D. Non-VAT registered non-resident citizens – Sama sa non-resident aliens, dili kini applicable tungod kay wala
sila’y negosyo sa Pilipinas nga makaqualify sa special income tax rates.

25. Who among the following is most likely to be classified as mixed income earner?
A. Kieth Joshua, who is a part-time service crew at a fastfood store and a prat-time salesman at two different
department stores.
B. Clement Jeff, who earns income from his freelance photography stints and is engaged on a per-contract basis
by different companies.
C. Joehm Mishael, who is a full-time Vice president for HR at multinational company and a lessor of a five-floor
apartment.
D. James Hubert, who is still a college student and has income from his gigs with his rock band.
Si Joehm nagdawat og compensation income gikan sa iyang trabaho isip Vice President ug passive income gikan
sa iyang apartment rental. Mao kini nga siya ang angayan matawag nga mixed income earner tungod sa
pagkombinasyon sa duha ka klase sa income.
Ang uban nga kapilian walay ing-ani nga kombinasyon:
Si Kieth Joshua (A) kay puro compensation income ra gikan sa iyang part-time jobs.
Si Clement Jeff (B) freelancer ug wala man siya fixed employment nga mohatag og compensation income.
Si James Hubert (D) kay ang iyang kita gikan sa banda dili man compensation income ug walay mention nga
nagtrabaho siya sa regular employment.

26. The situs of service income is:

A. Where the payment for service is made
B. Where the service contract was perfected
C. Where the services are performed
D. Where the party availing of the services is located
Sumala sa balaod sa taxation, ang kita nga gikan sa serbisyo mahimong buhisan sa lugar diin gihimo ang
serbisyo.
Busa, kung ikaw nag-render ug serbisyo sa Philippines, bisan pa og bayaran ka gikan sa gawas sa nasud,
buhisan gihapon ang imong kita sa Pilipinas.

27. Under BIR regulations, income in long-term construction contracts is recognized through:
A. Percentage of completion method only
B. Completed contract method only
C. Zero-profit method only
D. Either of the above methods at the option of the taxpayer
Base sa mga balaod sa BIR ug mga regulasyon sa National Internal Revenue Code (NIRC), ang income gikan sa
long-term construction contracts kinahanglan i-report gamit ang percentage of completion method. Kini makita sa
Section 48 sa NIRC, diin gisulti nga ang pag-account para sa long-term contracts himuon base sa percentage of
completion. Ang completed contract method wala na’y awtorisado sa pag-account para sa mga long-term
contracts sa tax purposes.

28. Statement 1: If an employee had multiple employers within the year, an income tax return must be
filled at the end of the year.
Statement 2: if an employee had three employers, on succession, for each of the past three years,
substituted filing of tax return is not allowed.
A. Statements 1 and 2 are false
B. Statement 1 is true but statement 2 is false
C. Statement 1 is false but statement 2 is true
D. Statements 1 and 2 are true
Statement 1 is true – Kung ang usa ka empleyado adunay daghang employer sa sulod sa tuig, kinahanglan siya
mag-file ug income tax return sa katapusan sa tuig. Kini tungod kay kung daghang employer, dili mahimo nga
magsalig lamang sa substituted filing. Substituted filing gipasabot nga ang employer mo-file sa imong behalf,
apan kini mahimo lamang kung usa ra ka employer ang naa sa tibuok tuig.
Statement 2 is false – Ang empleyado nga adunay tulo ka employer sunod-sunod sulod sa tulo ka tuig mahimo
nga makasubstitute file. Dili tinuod nga dili pwede ang substituted filing kung nagsunod-sunod ang mga employer,
basta ang requirement nga usa ra ang employer sa usa ka tuig masunod.

29. When Pedro registered in the BIR, he initially presumed that his sales/receipts and other non-
operating income for the taxable year will not exceed the P3M vat threshold. However, his actual gross
sales/receipts amounted to P4,000,000 during the taxable year.
Statement 1: Pedro shall pay the required percentage tax covering the sales/receipts and other non-
operating income, from the beginning of the taxable year or commencement of business/practice of
profession until the time he becomes liable to vat, without in position of penalty if timely paid in the
immediately succeeding month/quarter.
Statement 2: Pedro has to file (2) business tax returns during the month/quarter (percentage tax and vat)
A. Only statement 1 is correct
B. Only statement 2 is correct
C. Both statements are correct
D. Both statements are incorrect
Statement 1: Si Pedro kinahanglan magbayad sa percentage tax hangtod nga mosaka iyang kita ug mahimong
liable siya sa VAT. Kini tinood base sa balaod. Kung ang tawo nagpasakop sa percentage tax kay wa mosubra
ang iyang threshold, apan nisaka ang iyang kita sa tinuod, kinahanglan siyang magbayad sa VAT gikan sa oras
nga nahimo siyang liable. Mao nga ang first statement tinood.
Statement 2: Kung si Pedro liable na sa VAT, dili na siya kinahanglan mag-file ug duha ka klase nga business tax
returns. Sa dihang mosulod siya sa VAT, dili na kinahanglan mag-file sa percentage tax balik. Kay base sa balaod,
once naka-register sa VAT, dili na pwede mag-apply sa percentage tax.

30. Sjamnie, an American national employed by an OGL, received the following on March 2022:
Basic Salary P120,000
Annuities 15,000
Allowances 8,000
How much is the tax due?
A. 35,750
B. 30,000
C. 28,600
D. 0
Si Sjamnie (usa ka American national) kay gi classify as non-resident alien ug subject siya sa final withholding tax
of 25% sa iyahang gross income sa iyahang employment sa OGL, apil dira iyahang salary, annuities, ug
allowances.
Step-by-step computation:
1. Gross income = ₱120,000 (Basic Salary) + ₱15,000 (Annuities) + ₱8,000 (Allowances) = ₱143,000
2. Tax rate for non-resident alien: 25%
3. Tax due = ₱143,000 × 25% = ₱35,750
Thus, ang correct tax due kay ₱35,750.

31. Determine the correct classification of the following:

I. Rody, a Filipino businessman, went on a business trip abroad and stayed the most of the time during
the year.
II. Jelvin, a Filipino professional singer, held a series of concerts in various countries around the world
during the current taxable year. She stayed abroad most of the time during the year.
III. Chelwin, a Filipino “cue” artist went to Canada during the taxable year to train and participate in the
world cup of pool. He stayed there most of the time during the year
A. I. NRC ; II. NRC ; III. NRC
B. I. RC ; II. NRC ; III. NRC
C. I. RC ; II. RC ; III. NRC
D. I. RC ; II. RC ; III. RC
Sila tulo mahimong classified isip Non-Resident Citizens base sa ilang pagpabilin ug trabaho sa gawas sa nasud.
1. Rody: Businessman nga naa sa gawas sa nasud kadaghanan sa tuig.
2. Jelvin: Singer nga nag-concert sa laing mga nasud ug nagpuyo didto kadaghanan sa tuig.
3. Chelwin: “Cue" artist nga nag-participar ug nag-training sa Canada kadaghanan sa tuig.
32. Who among the following can most likely claim of the 8% income tax option?
A. A registered Barangay Micro Business Enterprise
B. A PEZA registered entity subject to the special corporate income tax (SCIT)
C. A registered service-oriented sole proprietorship subjected to the 2% withholding tax rate.
D. A PEZA-registered entity enjoying income tax holiday.
Ang pinaka-angay nga makatubag sa 8% income tax option mao ang C. A registered service-oriented sole
proprietorship subjected to the 2% withholding tax rate.
Ang 8% income tax rate gihatag nga opsyon alang sa mga individual taxpayers (pareho sa sole proprietors) nga
ang gross receipts or sales dili moabot og P3,000,000 ug wala magbayad og VAT. Kining klase nga negosyo nga
service-oriented sole proprietorship nga wala maabot sa VAT threshold, ug subjected sa 2% withholding tax,
puwede nga makapili sa 8% flat income tax rate imbes sa graduated rates under regular taxation.
Ang A. Barangay Micro Business Enterprise (BMBE), bisan exempted sa income tax, dili applicable kay di sila
kinahanglan magbayad ug 8%.
Ang mga PEZA-registered entities (B ug D) either naka-enjoy sa special corporate income tax or income tax
holiday, dili sila eligible para sa 8% rate kay naa silay laing tax incentives ug dili covered sa individual taxpayers
nga mo-apply niini.

33. Who among the following is not a Filipino Citizen?

A. Barbie, born on August 11, 1965. Her father is German, and her mother is a Filipino. She elected Philippine
citizenship upon reaching the age of majority.
B. Jehan, born on September 3, 1968. Her father is Filipino, and her mother is Indonesian. She did not elect
Philippine citizenship upon reaching the age of majority.
C. Princess, born on December 15, 1972. Her father is French, and her mother is Italian. She elected Philippine
citizenship upon reaching the age of majority.
D. Euan, born on January 27, 1976. Her Father is Brazilian, and her mother is Filipino. She did not elect Philippine
citizenship upon reaching the age of majority.
Cannot Answer

34. What tax remedy is provided by the Tax Code to minimize the impact of indirect double taxation on
those income that have already been subject to tax in other countries but still taxable in the Philippines?
A. Tax Refund
B. Allowable Deduction
C. Tax Exemption
D. Tax Credit
Ang hustong tubag sa imong pangutana mao ang D. Tax Credit. Kini nga remedy adunay tuyo nga mapakunhod
ang epekto sa indirect double taxation, diin ang mga kita nga gi-buhisan na sa ubang nasud subject gihapon sa
buhis dinhi sa Pilipinas. Pinaagi sa tax credit, ang gibayad nga buhis sa ubang nasud mahimong ibawas sa buhis
nga bayronon sa Pilipinas, base sa National Internal Revenue Code (NIRC), Section 34(C).

35. A fiscal year is:

A. Any twelve-month period
B. Any twelve-month period that begins on the first day of the week
C. Any twelve-month period that begins on the first day of the month
D. Any twelve-month period that begins on the first day of the quarter
Cannot Answer

36. Statement 1: if any instalment payment of income tax is not paid on or before the ate fixed for its
payment, the whole amount of the unpaid tax becomes due and payable, together with the delinquency
penalties to be reckoned from on the original date when the tax is required to be paid.
Statement 2: Instalment payment of income is not allowed to Self-employed and/or professional who are
availing the 8% income tax rate.
A. Statements 1 and 2 are false
B. Statement 1 is true but statement 2 is false
C. Statement 1 is false but statement 2 is true
D. Statements 1 and 2 are true
Statement 1: Sakto nga kung ang instalment payment sa income tax dili mabayran sa petsa nga gihatag, ang
tibuok nga utang sa buhis mahimong due ug bayaran, apil ang mga penalty nga magsugod gikan sa original nga
petsa nga kinahanglan mabayran ang buhis. Kini klaro sa mga regulasyon nga kung dili mabayran ang buhis sa
husto nga oras, mahimo kini’ng tungdan sa dugang nga penalties.
Statement 2: Sayop kay pwede gihapon maka-avail ug instalment payment ang mga self-employed ug
professionals nga nagamit sa 8% income tax rate. Ang 8% nga tax rate kay wala’y direct nga balaod nga nagdili
sa installment payments.

37. What is the correct treatment of overtime pay, holiday pay, night shift differential, and hazard pay
received by those whose basic pay is more than the statutory minimum wage?
A. Exempt from income tax
B. Subject to income tax, and consequently, to the withholding tax on compensation income.
C. Considered as fringe benefit subject to fringe benefit tax, provided the employee is holding managerial or
supervisory position.
D. None of the above.
Kung ang sweldo sa empleyado labaw na sa minimum wage, ang mga nadawat nga overtime pay, holiday pay,
night shift differential, ug hazard pay i-apil na sa buhis (income tax). Kini kay gi-considera nga parte sa imong
taxable compensation income. Busa, ang employer kinahanglan pud mag-withhold ug tax gikan sa mga nadawat
nga bayad nimo.
38. Statement 1: The provision of the tax code, as amended, which allows an 8% income tax rate on gross
sales/receipts and other non-operating income in excess of 250,000 is available only to purely self-
employed and/or professional.
Statement 2: The 250,000 mentioned in the 1 st statement is not applicable to mixed income earners since it
is already incorporated in the first tier of the graduated income tax rates applicable to compensation
income.
A. Only statement 1 is correct
B. Only statement 2 is correct
C. Both statements are correct
D. Both statements are incorrect
Statement 1: Ang 8% income tax rate, nga base sa gross sales/receipts ug non-operating income nga molapas sa
Php 250,000, gi-apply lang sa purely self-employed ug mga professionals nga dili mixed-income earners. Kini usa
ka choice tax system nga mahimo nila pilion under sa TRAIN Law kung dili sila mo-exceed sa mga income
thresholds nga gihatag.
Statement 2: Ang Php 250,000 nga basic exemption dili applicable sa mga mixed income earners tungod kay ang
ilang compensation income, nga gikan sa ilang employment, naa na kini sa unang level sa graduated tax rates.

39. The gross income of alien individuals employed by POGO entities shall include:
A. Basic Salaries or wages
B. Annuities
C. Compensation, remuneration and other emoluments, such as honoraria and allowances, received from OGLs
and Service Providers
D. All of the above
Ang gross income sa mga alien individuals nga nagtrabaho alang sa mga Philippine Offshore Gaming Operators
(POGO) entities kay maglakip sa basic salaries o wages, annuities, ug compensation, remuneration, ug uban
pang emoluments sama sa honoraria ug allowances nga nadawat gikan sa Offshore Gaming Licensees (OGLs)
ug mga Service Providers. Kini tanan gi-apil sa computation sa gross income nga supak sa 25% nga final
withholding tax.

40. Under the events test, Income is recognized when there is:
A. An available reasonable accurate determination of such income
B. A certain determination as to the amount of such income
C. A probability greater than fifty (50%) that income will accrue.
D. A probability greater than ninety (90%) that income will accrue
Ang “events test” nagpasabot nga ang kita kay ma-ila o ma-recognize kung adunay tsansa nga labaw sa 50% nga
ang kita kay makuha o mu-accrue. Kini nga threshold naggamit sa prinsipyo nga dili kinahanglan nga sigurado
gayud ang kantidad sa kita, basta kay naay igo nga basehan nga mahimong makaabot ang income ngadto sa
taxpayer.
Busa, ang pag-recognize sa kita ginabuhat kon ang posibilidad nga makuha kini kay mas daghan pa sa katunga
(50%) o labaw pa.

PROBLEM 1
Mike received the following income during the 2021 taxable year:
Gross Income, Philippines – 3,850,000
Gross Income, Canada – 1,650,000
Business Expenses, Philippines – 2,000,000
Business Expenses, Canada – 725,000
Interest on Bank Deposit, Metrobank Taguig – 50,000
Capital gain on Sale of Shares of Closely held Domestic Corp. – 180,000

1. How much is the taxable net income of Mike assuming he is:

A. Resident Citizen – Total Gross Income: P3,850,000 + P1,650,000 = P5,500,000 ;
Total Business Expenses: P2,000,000 + P725,000 = P2,725,000 ;
TNI: P5,500,000 – P2,725,000 = P2,775,000
B. Non-resident Citizen – Only income sourced in the Philippines is taxable for NRCs
TNI: P3,850,000 – P2,000,000 = P1,850,000
C. Resident Alien – TNI: P3,850,000 – P2,000,000 = P1,850,000
D. Non-resident Alien Engaged in Trade or Business – TNI: P1,650,000 – P725,000 = P925,000

2. How much is the income tax due of Mike assuming he is

A. Resident Citizen – ITD: P20,833.33 + 32% of the excess over P400,000 (P2,375,000)
ITD: P20,833.33 + P760,000 = P780,833.33
B. Non-resident Alien Engaged in Trade or Business – 25% of TNI (P925,000) = P231,250
C. Non-resident Alien Not Engaged in Trade or Business – Taxable Income: P180,000 (capital gain)
ITD: 6% of gross income = P10,800
Problem 1 Solution Source: https://www.coursehero.com/file/194552039/TAXATIONA1GIdocx/

PROBLEM 2
Cardo owns a nightclub and a videoke bar, with gross receipts of P2,500,000. His cost of direct services and
operating expenses are 1,000,000 and 600,000 respectively, and with non-operating income of P200,000.
1. Cardo’s income tax payable for the year shall be? P220,000
2. Cardo’s business tax due for the year shall be? P486,000
3. Cardo’s total tax due for the year shall be? P706,000
4. Which of the following statements is correct?
A. Cardo has no option to avail the 8% income tax rate
B. Cardo’s income tax shall be computed using graduated tax rate
C. Aside from income tax computed using the graduated income tax rate, cardo is liable to prescribed business
tax, which, under this case, is amusement tax under Sec. 125 of the tax code, as amended.
D. All of the above
Problem 2 Answers Source: https://www.studocu.com/ph/document/arellano-university/taxation/tax-321-prelim-
quiz-1-key/27673317 After 6th Question

PROBLEM 3 DILI MA SEARCH BISAG UNSAON PA

Mister is an accounting manager in ABC Corporation. For the year 2020, her taxable compensation income is
P700,000.00, inclusive of 13th month pay of P50,000.00 and 14th month pay of P50,000.00. She contributed
P9,600.00 to SSS, P6,600.00 to PhilHealth, and P1,200.00 to HDMF. Mister is also running a t-shirt printing
business with gross sales of P500,000.00, cost of sales of P200,000.00 and operating expenses of P120,000.00.
She opted to be taxed at 8% income tax rate on her gross sales for her income from business.
1. Compute the Net taxable Income on compensation income Dili ma search bisag unsaon pa
2. Compute the Tax due on compensation income Dili ma search bisag unsaon pa
3. Compute the Net Taxable Income on Business Income Dili ma search bisag unsaon pa
4. Compute the Tax due on Business Income Dili ma search bisag unsaon pa
5. Compute the Total Tax Due Dili ma search bisag unsaon pa

PROBLEM 4
Mr. Mister signified his intention to be taxed at 8% Income tax rate on gross sales in his 1 quarter income tax
return. He has no other source of income. His total sales for the first three quarters amounted to P3,000,000 with
4th quarter sales of P3,500,000.

1. Compute the tax payable for 2018.

Tax Due under the graduated rates P509,200.00
Less: 8% income tax previously paid (Q1 to Q3)
(P3,000,000.00-P250,000.00) x 8% P220,000.00
Annual Income Tax Payable P289,200.00
2. Compute the tax due for 2018.
Tax due shall be computed as follows:
Total Sales P6,500,000.00
Less: Cost of Sales P3,000,000.00
Gross Income P3,500,000.00
Less: Operating Expenses P1,440,000.00
Taxable Income P2,060,000.00
Problem 4 Solution Source: https://www.scribd.com/document/524045088/Taxation-on-Individuals

PROBLEM 5 DILI MA SEARCH BISAG UNSAON PA

Ms. Miss is employed as a cashier in a restaurant and is a minimum wage eamer. She has no other source of
income other than her employment in the restaurant. For the year 2020, Miss earned a compensation of
P144,000.00 from her basic wage. She contributed P5,760.00 to SSS, P2,145.00 to Pag-ibig, and P12,000.00,
overtime pay of P50,000.00, night-shift differential of P30,000.00, hazard pay of P20,000.00 and holiday pay of
P30,000.00.
1. Compute the Net Taxable Income Dili ma search bisag unsaon pa
2. Compute the Tax Due Dili ma search bisag unsaon pa

PROBLEM 6
LJ, married, left the Philippines in the middle of the year on July 1, 2022 to go abroad and work there for five
years. The following data were provided as of December 31, 2022:

1. LJ’s taxable net income (TNI) should be?

TNI: P300,000+ P200,000 + P600,000 – (P100,000 + 50,000 + 150,000)
TNI: P1,100,000 – P300,000
TNI = P800,000
2. Based on the above problem, but assuming he arrived from abroad on July 1, 2022 to permanently resettle in
the Philippines, his taxable income as of December 31, 2022 should be?
TI: P300,000 + P600,000 + P400,000 – (P100,000 + P150,000 + P50,000)
TI: P1,300,000 – P300,000
TI = P1,000,000
3. Assume I did not leave the Philippines, his taxable income should be?
TI: Total net income Philippines and abroad
TI = P1,150,000
Problem 6 Solution Source: https://www.scribd.com/document/513279308/Answer-Key-Tax-docx

PROBLEM 7
Pedro is a minimum wage earner. In addition to his basic minimum wage of P180,000 for the year 2021, he also
received the following benefits:
 De minimis benefits, P140,000 excluding Productivity Incentive Pay (80,000 over the ceiling)
 Productivity incentive pay as provided in the CBA P28,000
 13th month pay and other benefits, P112,000
1. How much is the income tax due of Pedro? P0
2. How much is the income tax due of Pedro in 2021 assuming he also earned P450,000 derived from his
business of buying and selling various consumer products? P75,000
3. Using the same data in the immediately preceding number and the productivity incentive pay amounted to
P10,000 only, how much is the correct income tax due? P68,000
Problem 7 Answers Source: https://www.coursehero.com/file/p2drh9rr/Minimum-Wage-Earners-MWEs-receiving-
other-benefits-exceeding-P90000-limit-shall/ Number 69

PROBLEM 8
Ador, an executive of Ang Probinsyano Promotions, earned in 2021 P1,200,000 compensation income, inclusive
of 13th month pay and other benefits amounting to P120,000. Aside from employment, he owns a farm, with gross
sales of P5,000,000 from sale of agricultural food products. His cost of sales and operating expenses are
P2,000,000 and P600,000 respectively, and with non-operating income of P100,000.
1. Which of the following statements is incorrect?
A. Ador has no option to avail the 8% income tax rate
B. Ador’s income tax shall be computed using the graduated tax rate
C. Aside from income tax computed using the graduated income tax rate, Ador is liable to prescribed
business tax, which, under this case, is value added tax, since his gross sales/receipts and other non-
operating income exceeded the vat threshold of P3M.
D. All of the above.
2. Ador’s Income tax due for the year shall be? P1,005,200
3. Ador’s business tax due for the year shall be? P0
Problem 8 Answers Source: https://www.coursehero.com/file/p672outt/Assuming-instead-that-Pedro-is-engaged-
in-the-business-of-transporting-goods-or/
PROBLEM 9
Ana operates a pet shop and at the same time, offers interior design services to her clients. The following data
were provided by Ana for 2021 taxable year.

1. How much is her income tax liability for the year? P475,000
2. Assuming Ana signified her intention to be taxed at 8% income tax rate on her initial quarterly income tax return,
how much is her income tax liability for the year? P216,000
3. Assume ana is a vat registered taxpayer, how much is her income tax liability for the year under 8% income tax
regime? P475,000
Problem 9 Answers Source: https://www.studocu.com/ph/document/arellano-university/taxation/tax-321-prelim-
quiz-1-key/27673317 After 1st Question

PROBLEM 10
Spouses Mister and Mises, government employees, had the following data in 2018:

1. Compute the income tax payable of mister P2,621.37

2. Compute the income tax due of mister Dili ma search bisag unsaon pa
3. Compute the income tax payable of Misis Dili ma search bisag unsaon pa
4. Compute the income tax due of Misis Dili ma search bisag unsaon pa
Problem 10 Answer Source: https://www.scribd.com/document/580258679/14-0-Final-Quiz-1-Tax-on-Individuals-
docx