A taxpayer received a notice from the BIR to file his income tax return after incurring 9 months of delay. The tx due per his return is P100,000. What is his total interest penalty?
A. 12,500
B. P14,900
C. P15,000
D. P25,000
Answer: C. P15,000
A taxpayer received a notice from the BIR to file his income tax return after incurring 9 months of delay. The tx due per his return is P100,000. What is his total interest penalty?
A. 12,500
B. P14,900
C. P15,000
D. P25,000
Answer: C. P15,000