Mr. Alfonso purchased a 1-hectare parcel of land in Samal, Davao del Norte for ₱1,000,000 in 2017. As of 2018, the market value of the property is ₱1,250,000; and in 2019, it rose to ₱ 1,450,000. Mr. Alfonso sold the property on August 31, 2019 at ₱ 1,350,000, paying 10% of the proceeds as commission. Other expenses directly related to the sale amount to ₱75,000. What is the taxable income on the said transaction?

Francois, a non-resident citizen, reported ₱11,028,500 as total income earned in 2019, as visiting professor. Per Francois’ record he spent some number of days at the following institutions: (1) at the University of the Philippines, he lecture for a 15-day short course in February 2019; (2) at the National University of Singapore, he lectured for a 30-day course in March to April, 2019; (3) at Harvard University, he conducted a 20-day lecture in July, 2019; and (4) at Seoul University, he conducted a 5-day lecture in November, 2019. Assuming no accurate allocation can be made pertaining to Francois’ earnings in 2019, what is the taxable income of Francois? (Assume further that Francois has no other earnings for 2019)

The incomplete accounting records of BMX Corporation reveal the following information: (1) increase in the balances of cash, accounts payable, salaries payable, and office supplies by ₱645,000, ₱ 78,000, ₱85,000 and ₱12,600, respectively; and (2) decrease in the balances of accounts receivable, inventory, interest payable and notes payable by ₱122,500, ₱118,300, ₱3,250 and ₱250,000, respectively. Additionally, BMX issued 10,000 shares at ₱12.50 and during the year, it paid ₱47,500 dividend. In the same taxable year, one of the officers of BMX died, thus it received the proceeds of life insurance for ₱500,000 (non-taxable). What is the taxable net income of BMX Corporation?

JMax Corporation is a food chain company with principal office in Makati City. In addition, it has 2 factories in Bacolod and Davao City, 12 warehouses and 45 branches located throughout the Philippines. How much is the total annual registration fees payable by JMax?