1. Partnership

X is a widower with 3 qualified dependent minor children, while Y is single with 5 illegitimated recognized minor children from different mothers and Z is single.
Compute the income tax due from XYZ, X, Y and Z for the year if XYZ Partnership is a:
1. Trade Partnership
2. General Professional Partnership
XYZ agreed that they will share profit and losses at a ratio of 7:9:8.

2. Corporation
SM Corporation in its fourth year of operation had the following:

Gross Sales                                          80,000,000

Interest in PNB deposit, dollar deposit           150,000

Capital gain on sale of shares of stocks         200,000 (Capital asset)

Interest on trade notes receivables              120,000

Cost of Sales                                       20,000,000

Business Expenses                                30,000,000

Dividend from domestic corporation               90,000

Dividend from resident corporation               120,000

Capital gain on sale of land with a market 

   Value of P20,000,000                         10,000,000 (Capital asset)

Sales returns and allowances                       90,000

Sales discount                                         180,000 

Compute the income tax due of SM Corp. if SM is a

1)domestic corporation

2) Resident foreign corporation. They paid a withholding tax of 5,465,780 for the year.

3. Excess MCIT carry forward
GGG Co., a domestic corporation, had the following information for the taxable year in its fourth year of operations:

Year       Gross Profit    Net Income Before Tax

Y4          1,000,000           100,000

Y5          4,000,000           150,000

Y6          1,000,000            90,000

Y7          3,000,000           120,000

Y8          2,500,000           200,000 

Disregarding consideration of any quarterly income tax payments, how much is the income tax due from Y4 to Y8?