📘 taxation

1. **State the problem:** Calculate the taxable income of Olivia Cruz for the year 2025 given her income and expenses. 2. **Identify the components:**

1. **Problem 48: Calculate the annual taxable income.** Since the problem does not provide explicit income or deductions, we assume the taxable income is given or calculated from p

1. **State the problem:** Calculate Mr. Mckenzi's monthly pension amount that is tax deductible given his gross salary and deductions. 2. **Given data:**

1. **State the problem:** Calculate Mr. Clarke's tax payable based on his taxable income of $58,000 using the given tax rates, then determine if he owes money or is due a refund gi

1. **Problem Statement:** Determine the business tax for a franchise grantee of radio and/or television broadcasting who is not VAT-registered and has gross receipts from the sale

1. **Problem Statement:** Calculate the taxable income of the trust under the Zimbabwe Income Tax Act for the year ended 31 December 2024, given the net rentals, expenses, and paym

1. **Problem statement:** Martin sold his factory on 18 February 2024 for 90000. He bought it on 3 March 2008 for 30000 and made extensions costing 10000 in December 2021. Selling

1. **Problem Statement:** Calculate the tax due based on the taxable income using the given tax brackets and formula: $$\text{TAX DUE} = a + b \times (\text{Income} - c)$$

1. **Problem Statement:** Calculate taxable income and tax due for Dynasty Corporation under different taxpayer statuses (domestic corporation, resident foreign corporation, non-re

1. **Problem Statement:** Calculate the tax due for Lili Corp. under two scenarios: availing Optional Standard Deduction (OSD) and availing Itemized Deductions for the year 2021. 2

1. **State the problem:** Calculate the income tax due for a businessman with an annual gross income of 3,000,000, total deductions of 1,500,000 (including personal deductions and

1. **Stating the problem:** Calculate the income tax payable for a professional with an annual gross income of P2,800,000, allowable deductions of P2,500,000, and a withholding tax

1. **State the problem:** Calculate the income tax due for a professional with an annual gross income of P2,800,000, allowable deductions of P2,500,000, and a withholding tax of P1

1. **Problem Statement:** Mr. Brock David has taxable compensation income of P200,000 and business income of P1,000,000 in 2023. He opts to be taxed at 8% on his business income. W

1. **Problem Statement:** Calculate the income tax due for Mr. Brock David for the year 2023 based on his taxable compensation income of 200000 and business income of 1000000, opti

1. **Determine the total taxable income of Mr. Reza** - Basic Salary per year = $32,000 \times 12 = 384,000$

1. ප්‍රශ්නය: වාර්ෂික ආදායම රු. 750000ක් වන විට ආදායම් බදු කොපමණදැයි ගණනය කරන්න. 2. දත්ත අනුව, ආදායම් බදු ප්‍රතිශතය වාර්ෂික ආදායම් කොටස් තුනකට බෙදී ඇත:

1. **Problem 1: Compute tax due on total taxable compensation for Lea earning 640000 in 2023 using the tax table.** Assuming the tax table is the Philippine income tax rates for in

1. **State the problem:** Calculate Elio Meta's taxable income for the year ended 31 December 2022 based on multiple sources of income and benefits. 2. **Calculate total annual bas

1. **Stating the problem:** Compute Elio Meta's taxable income for the year ended 31 December 2022, and determine the tax payable on this income. 2. **Calculate basic salary and PA

1. The problem involves explaining four principles of taxation: equity, productivity, diversity, and simplicity, then computing taxable income and tax payable for Elio Meta using g