5. Sarah received a notice from the Bureau of Internal Revenue (BIR) stating that she failed to file her income tax return for the previous year. If she files her return six months late and her original tax due was PHP 20,000, what is the total penalty she will incur if the penalty for late filing is PHP 1,000 plus an interest of 25% per annum?

A) PHP 1,500

B) PHP 5,000

C) PHP 6,000

D) PHP 7,500

asked by guest
on Nov 19, 2024 at 4:39 am



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