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Philippine Bar review · Question

Practice question: Professional Income

Essay Medium

Practice question

Compare the P250,000 treatment under the valid 8% option for a purely self-employed professional and a mixed-income professional.

Legal references

  • NIRC Section 24(A), as amended by RA 10963, Section 5: https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html

Answer this question in flashcards to review your response and continue practicing.