Tax MCQ Income Tax Chapter 4 A taxpayer was 6 months and 12 days in filing his income tax return. If he has P40,000 net tax due, compute the penalties in the form of interest.

A taxpayer was 6 months and 12 days in filing his income tax return. If he has P40,000 net tax due, compute the penalties in the form of interest.

Income Tax Chapter 4

A taxpayer was 6 months and 12 days in filing his income tax return. If he has P40,000 net tax due, compute the penalties in the form of interest.

A. P4,263
B. P4,211
C. P4,267
D. P5,329

Answer: A. P4,263

Tax MCQ

A taxpayer was 6 months and 12 days in filing his income tax return. If he has P40,000 net tax due, compute the penalties in the form of interest.

A taxpayer was 6 months and 12 days in filing his income tax return. If he has P40,000 net tax due, compute the penalties in the form of interest.

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