Income taxation by valencia chapter 13 (income taxes on partnerships, estates trusts)

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... 97 INCOME TAXATION 5TH Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 13: Income Taxes of Partnerships, Estates & Trusts Add: Compensation income Total income before personal exemption... Problem 13 – 17 Income tax payable by the trust in 200x: 101 INCOME TAXATION 5TH Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 13: Income Taxes of Partnerships, Estates & Trusts Income. .. 150,000 100 INCOME TAXATION 5TH Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 13: Income Taxes of Partnerships, Estates & Trusts Net taxable income P300,000 Tax on P250,000 Tax on excess
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