BR Fome 7 1701 Annual Income Tax Return f onuary 2018 ENCS) | Individuals (including MIXED Income Earner) Estates and Trusts Page 4 "701 OV ISENGS P| Ti Tax Fier LastName 602.585.426.000 PLAMAD ‘Continuation of Schedule 6) GAZ ~ Spouse's Detailed Compulation of Avaliable NOLCO Pen Soman ee B_NOLCO Applied (D. NOLCO Applied Ea ras: Yeorieires | A Amount PremisvYears | © NOLCOExpres iment eer ee 7 AS ho ha He [1 | Total NOUGO = Spouse (Sum a tome 00 i 720) To Pat V Shoal 3A hom 755) PART VI= Summary of Income Tax Due [Regular Rate-Income Tax Due (From Par V, Ether Rem 25 or Rem 32) 424,386.00 000 2 Special Rate-income Tax Due (From Part X tom 178/17F) 000 3 Less: Share of Other Goverment Agency, ivamitd diel othe Agony 000 [4 Net Special Rate-lncome Tox DeShareof National Gost, tem ess em 3) 000 5 Total Income Tax Due (Sum of ems 18 4 (To Pari om 22) 424,30000 000 PART Vil-Tax Credits Payments (tach pooh [Prior Vear's Excess Credits ato 268 2 Tax Payments for the First Three (8) Quatiars 7039100 000 |3 Creditable Tax Withheld for the First Three (3) Quarters 281,412.00 0.00 4 Creditable Tax Withheld per BIR Form No. 2307 forthe 4 Quarter 18040000 000 5 Credcle Tox Wiel per BIR Fam No, 2316 (rom Par V Sched Rm 24a) 000 000 [6 Tax Paid in Rotum Previously File, this is an Amended Return 00 200 H Foreign Tax Gredis,iapnicabe 00 00 [8 Special Tax Credits, irappicable (To Pat VN em 6) 000 200 9 Othor Tax Gredits/Payments (epost) 000 000 10 Total Tax Gredits/Paymants (Sum o toms 1 to 9) (To Part stom 25) 9224200 000 PART Vil= Tax Rett Avaiment VATA Special Rate "agar nee Tax Ota Ove Pat nm 65 16° Kamp avr aoe ara) es == me Pat Xi Bre TX [2 Tox Reiefon Spec MowabletenizedDeaucons xen Basi en TEX 3 Sub-Total Tax Relief (Sum of tems t ond 2) [4 Less: Income Tax Due (From Part X tlm 178 andr lem 17F) 5 Tax Relief Avalmment Bofore Special Tax Credit iom 9 L288 fom 6 Add: Special Tax Credit, if any (From Part Vil Iteun 8) 7 Total Tex Relief Avaiment- SPECIAL (Sum o ems 5 ond 6) Vins Exempt 8 Regular Income Tox Otherwise De (ar Xian TA Her 18 Kasper came aa) Pati harden TER 9 Tax Reliefon Spec Alowabb lenzed Deductions SaXibn /AwaD Fane X 410 Total Tex Relief Avaliment- EXEMPT (Sur ofitems@ ani 9) PART IX Reconellation of Net Income per Books Against Tauable Meome tech atmos sects Tresesyy Particulars ‘A. Taxpayer Fle Spouse “Net incomel(Loss) per Books 1701.28900, 0.00, "Ade, Non-Deductbie Expenses/Taxabie Gir income 2 a 00 00 3 | 0.00 0.00 4 go 000 ‘Total (Sum otis 1%04 1,781,29300 00 ‘Lass: A) Non-Taxable Income and indoma Subjected t Final Tax 6 | 0.00 0.00 i I ‘00 000 5) Specalother Atowabie Deductions 8 [ 0.00 0.00 9 0.00. ‘0.00 10 Total (Sum offs 6109 .o0 000 11 Net Taxable Income/(Loss) (tem 5 Less term 10) 1,781,293.00 9.00TBR Form Page 3 1701 Annual Income Tax Return iT January 2018 (ENCS) | Individuals (Including MIXED Income Eamer), Estates and Trusts i) I ino TH Tax Flers Last Name: 602:395-826-00000 PLAMAD, SB = For 8% Flat Income TaxRate DONT enter Centar «9 Coto or Les dropdown, Sor re ound os Particulars ‘A Taxpayertiler B. Spouse. [26 Sales/RevenuesiReceipts/Faes (0m! of sales retuns allowances and dour) |Add: Other Non-Operating Income (specty below) a7 28 Total Income (Sum offtoms 20 and 27) [29 Less: Alorabe edicten fom goss sasfecapis and fer ror opeairg varia uly a= nye te ne pcr ne nou of ZSUCD rl apleaer h cngeeaon cn) [30 Taxable Incomer(Loss) (tem 28 Loss em 20) [31 Tax Due-Busines Income fen 99x 9 hone Tax Foe) 32 Wott Yx Due-Compersation & Business incre (ue ae oT) Pat in [Schedule 4 Ordinary Alowablo Nemized Deductions (attch aadlona’ sheot™ fnecessany 1 Amortzations 12 Bed Debis| 3 Charitable and Other Contributions /4 Depletion 5 Depreciation 6 Entertainment, Amusement and Recreation 7 Fringe Benefits 8 Interest 9 Losses 110 Pension Trusts [11 Rental 12 Research and Development 13 Salaries, Wages and Allowances 14 SSS, GSIS, Philhealth, HDMF and Other Contributions 15 Taxes and Licenses 2480.00 [16 Transportation and Travel 28,180.00 17 Oihers (Deductions Subject fo Wiholding Tax and Other Expenses) [Spey below; Aid aditona shoei) necessary) Janitorial and Messengerial Services » | Professional Fees c | Security Services d | ALLOWANCES, COMMUNICATION, LIGHT & WATER +17.650.00 18 Taal Oxtnary Alowate terized Deduclns (Sunt oma 11 774) (ToPatV Scheie 3A tem 19) 6237000 [Schedule 6 ~ Special Allowable Remized Deductions (afach adilonal sioU, Mecossary) ‘5.,A~ TaxpayerFiler Description Toga Base moun 4 T 3 Total Special Allowable enized Deducons TexpayerFiler (Sum of lems t and 2) (To Pari V Schodtde SA tem 144) ‘SB Spouse ra | 5 [6 Total Special Allowable lemized Deductions-Spouse (Sum of items 4 and 5) (To Part V Schedule 3A fem 148) [Schedule 6- Computation of Net Operating Loss Carry Over (NOLCO) A= Compunlor eT HOLCS Dassen Teaver Spouse Gross income 2 Less: Ordinary Alovabl lized Deductions 8 Net Operating Lose Le tend oe Amr av AZ ew TA) AT Taxpayers Detaled Computation ot Avaliable WOLCO at Opening oer eons Sree amma | Ea Gangs care cu revoueveare | _©-NOLCOExpeed et ear (Une Year ened ’5 Aout Prous Yor Coren ae z 5 € 7 [etl NOLO = Taper FT Si uns 40 To Pa V te TATBR Fom a 7 1701 Annual Income Tax Return DITA E HEN el January 2018 (ENCS) | Individuals (including MIXED Income Earner), Estates and Trusts AM Page 2 1701 OYnBENCS P| Tie TaxFilers Last Name. .602-295-826-00000 Spouse's Taxpayer Woniicaion Nunbor | zi zi zs 2 RDO Code 3 Fiors Spouse Type [_] Single Proprietor LJ Profession (LJ Compensation Eamer 4 Alphanumeric Tax Code (ATC) [| I012Bushess nome GaduaodIT Rabs|_ | JO14have fon Alecia Codaibd Res | _] 1013 Miod hexve-Cratuoed IT Rate [tient Compensation income [__]10t5 Buses ienme-6'4iT Rate [__] vor incame tomProessin-6% Rate [_] No Maed come — 6% IT Rate 5 Spouse's Name (Last None, Fst Name, ame) fe Gortact amber Totem] ecismingFerign Taxes? [_] You Ln [9 Forign Taxhurber FO income EXEMPT Fem Income Tax? ——_[—] Yes [Tie] 1 onesie SPECTRUPREFERENTIAC RATE? [Yes Fo [nye i oud sosehten or AL. Stes pe Td Regime PO Diyas es coentaton eA ace pe Tox ope (Po ferax “T2AMthod of Deduction (chasse) rater [_] crecuted Rates (i temsed beaucton "| ~] optonal stancare Deducton (080) lout oe) = (Gene ucncerDeacsonn en sey) snag nay Po obese Sncecrapaeruest es ee Ht) MAGI [an teu of Graduated Rates under Sec. 24(4) &Perceiage Tax under Se. 16 of NRC a ee ee raga ee ees PART V ~ Computation of Tax ‘Schedule 1~ Gross Componsation income and Tax Withhold (iach Adaianal Sheol, necassayy ‘Ones 7 and 2, err the requredinfomaten foreach of your ampoyers ond mek 09 whether fe nfrmtn is forthe Taxpayer orthe Spouse Gn Rema ever the Tota (Gross Companssion and Total Tax Vanes forthe Taxpayer anon le 3B rth Sous (DONOT ener Contavon 9 Contaves Le dop down: 600m op) 7a Name of Employer 4 L]Tepever Spouse Eploers TN Taxpayer = S pause B Enoers TN (Continuation of Table Above) — ‘c. Compensaton Income Tax Withheld 1 2 3A Gloss Componsation Income and Total Tax Wine Tor TANPAYER Got Sedan od Pt er 3B GfOss Compensation income and Total tax Wihald SPOUSE Tepe Schl 2am 4a Pat en) Schedule 2 ~ Taxable Compensation Income [DONT ent Cntvas 4 Canto res Gop do Bar nar ean) Particulars ‘A TexpayeriFiler B. Spouse, 4 Gross Compensation Income (From Part V Schedule 1 tem 3A036c) 5 Less: Non-Taxable / Exempt Compensation 6 Taxable Compensation Income (tem 4 Less tem 5) 7 Tax Due-Compensation Income (fem 6x applicable core Tax Rate) ‘Schedule 3 Taxable Business Income (ifgraduated ates, filin hems 8 to 2 “3A For Graduated Income Tax Rates. 295 flat income tox rate, fl n Hem 75% 30) @ Sales/Revenuas/Receipts/Fees “4874,008.00 0.00 9 Less: Sales Retums, Allowances and Discounts 00 10 Net Sales/Revenues/Receipts/Fees (tem 8 Less tem 9) 4874,008.00, 0.00 [14 Less: Cost of Sales/Services (applicable only #avating Hemzed Dedvetions) 2924,405.00 0.00 12 Gross Incomel{Loss) from Operation (tam 70 Lass Rann 11) 7.949:603.00 0.00) less: Deductions Alowabie under Besting Laws 113 Ordinary Allowable Itemized Deductions (From Part V Schedule 4 item 18) 162,310.00, 0.00 /14 Special Allowable itemized Deductions (rom Pat V Sched em 3 andr iem 6) 0.00 0.00 15 Atowanco or Net Operating Las Cary Or (NOLGO) om Par VSetoae 6 tan Bander Ram 73) 0.00 000 116 Total Allowable lemized Deductions (Sum of lime 1310 18) ‘16a310.00, 0.00 OR 17 Optional Standard Deduction (OSD) (40% offtem 10) 0.00 0.00 [18 Net incomel{Loss) (Femied em 12 Lesser 16, HOS0- Wa 10.88 fen 7) 1178129500 0.00 Fad Oto Nor: Oparaling Wicoms (epociy barow) 19 0.90 0.00) [20 000 0.00) [21 Amount ReceivediShare in Income by Parner ram Genera Proesaonal Parnes (GPP) 00 0.00 [22 Total Other Non-Operating Income (Sum of tems 194 21) 0.00 0.00) [23 Taxable Income-Business (Sum of toms {8 and 22) 1178129500 000 [24 Total Taxable Income ~ Compensation & Business (Sum of fens and 23) 1178129500 0.00 [25 Total Tax Due-Compensation and Business Income fate gaara) om 2¢ peat eo) Te Part te 424,388.00 00Republic ofthe Philippines ForBIR™ Bos Department of Finance Use Oniy_em, ‘Bureau of Internal Revenus BIR Fom No. Annual Income Tax Return 1701 Individuals (including MIXED Income Earner), Estates and Trusts tanuary 2018 (ENCS) | Enteral requredntermaten in CAPITAL LETTERS using BLACK mk Mark appeal Boxe wih Page t in 27 Two capes mut be kd wt the Ear ne had by te Tax Flr Uh hdl Forte Yeartw mm | Amended Return? Lo] Yoo LX] No [8 Shot Poribd Raun? L1¥ee ee ees eas “4 Taxpayer Kentfication Number (TN) ena 385, m2 [2/0 ,0,0,0,0] 5 RDOCode as CTarpererTipe LE] Sela rds Predera [J Esta” CT Ts] Conpereaton turer 7 Alphanumeric Tax Code (ATC) [x] 1012 Busnes como Giaduaied IT Rabe [_] 014 are Yow Pitesion-Grtuale Rates [ | W013 Maal hare Gadi Tas [011 compensation income [_]1o15 isis tcone-a%iT fate] rr hoa fomProkssin-% Ree [~] IDM heane-S% Tats Taxpayers Name (ax Name Fs Name Hie Name) ESTATE OF [Fr Nae, Mise Nar Las Nama) TRUST FAO rs me: Mele Nave, ast an) PLAMAD, LOVEGLEN, RAVELO @ Registered Address (init conpltealtess Vie gitar cess ert fh met cles, qo RDO wpe ed ces by us VR Fm Na COLON STREET, SENYOR SANTO NINO, CEBU CITY GAZIPCode | ooo Hi-Date of bith mamiorrry| 11 Emal Adarass = = on ft | tose 2 Ciizenstip 3 lang Fvsg Tax iain? 14 Foreign Tax Number amma FIUPINO (Ll Yes [x] No 5 Contact Number (anaaCatnone Na) [16 Cl Status opacana (singe Dx] Married Litesally Separated [_] Widower 17 If married, spouse has income? L] Yes LI No [18 Filing Status [| Joint Filing [| Separate Filing H®9 Income EXEMPT fom Income Tax? [_] Yos [50] to | 20 ncomasubpd to SPECIALIPREFERENTIAL RATE? [— Yos [—] Ho [jon furs london of ALL ace er Tx Regime (2) [yes ot ls corsliaton of AL ates pr Toxine (Pr iat Tex 1A Method of Deduction (coos on) Rate [x] Graduated Rates [x] ttemized Deducson [1 Optional standard Deduction (030) lcnoos ne)“ fone that eaten tan 1a) UI jean Phoval ons Sueno sec 34t) Ro) {1} 8% intieu of Graduated Rates under Sec. 24(A) & aS Tax under Sec. 116 of NIRC wale gros estes and oberon apersing ne a xe Tree man es ON PART Il Total Tax Payable [DOND Tr Grane 6 Guevara aga snag Particulars “A TaxpayerFiler iB. Spouse [22 Tax Due (Fiam Par virtam 5) 424,388.00 0.00 [23 Loss: Total Tax Credits/Payments (Fam Part Vem 19) 22,1430 0.00 [2a Tax Payablel{Overpayment) (tem 221. fem 23) 224500 0.00 [25 Less Parton of Tax Payable Alawed for Istalient ta be paid enor before October 1 600 um (601 ores fa 23 [26 Amount of Tax Payable(Overpayment) (tym 24 Less lem 25) 2724500 9.00 ‘Add: Penalties 27 Interest 0.00 000 28 Surcharge 00 00 29 Compromise 0.00 00 [30 Total Penalties (Sum ofitems 270 29) 00 0.00 [31 Total Amount Payable/(Overpayment) (Sum of tams 26 and 30) 2286.00 0.00 [s2 Aggregate Amount Payable/(Overpayment) (Su of ems 31A and 318) 2245.00 Toveipayment, mark ane (1) Box only. (Ones the choice I= made, the same fe evosabI) Tobe refunded __[_|Tobe issued.a Tax Credit Cerfieate (TCC) __[_] Tobe caried over as a tax crc for net yeariquarter Tar ude he pales fpr tha is rum, anda saeco; have Dea aden godTah vera by re, ard oth slo ny owedge able ae fue ard cored, pursuonto he pros fe Nstnal itera Reenue Code, a are, ad the euiafnssued under eur thereat Further, ghe my consento the processing of my nfm as corte undo to "Da ie saa “019 legs and wt pupos psy en Aas et each arte ee sical 33 Number of Atachments/ |_| od Vane ae Sigal of Tpayer aad Rpresran@ PART I-Dotals of Payment iat — te Gr ae Dai DO) — Cask Deere > bs cheek aS be Tax Dent emo PF werk aaroay [37 Others (specity below) ( ii) ‘Machine Validalion/Revenue Official Recewt Deialls (not fed with an Authorized Agent Bank) fan fSDMSEORDARD afi Dato of Receipt eh ogeecnet ei at SHOVE Tho DIR Data Panacy PaIGy isn Tho BR wabsto (ww DF GOVT]LOVEGLEN RAVELO PLAMAD JEMACE PERFUMERY SHOP Colon Street, Senyor Santo Nifio, Cebu City \ OP www OF Rise Ge" INTERNAL REVENUE Date FINANCIAL STATEMENTS as of and for the period ended December 31, 2022 DONDE R. SALAZAR, CPA SIT Building, Hi-way, N. Bacalso Avenue, Cebu CityDONDE R. SALAZAR, CPA Door 4, Salazar Bidg., SCSIT, 211 N. Bacalso Ave., Hiway, Cebu City Email address: dondesalazar@yahoo.com INDEPENDENT AUDITOR’S RE] LOVEGLEN R. PLAMAD JEMACE PERFUMERY SHOP. Colon Street, Senyor Santo Nifio, Cebu City Report on the Audit of the Financial Statements APR 07 2023 Dote Opinion Ihave audited the financial statements of JEMACE PERFUMERY SHOP which comprise the statements of financial position as at December 31, 2022, statement of comprehensive income and statement of changes in equity for the year then ended, and notes to the financial statement, including a summary of significant accounting policies. Management is responsible for the preparation and fair presentation of these financial statements in accordance with Philippine Financial Reporting Standards. The responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatements, whether due to fraud or error: selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances. In my opinion, the accompanying financial statements present fairly, in all material respects, the financial position of JEMACE PERFUMERY SHOP as at December 31, 2022, and its financial performance and its cash flows for the year the ended on conformity with the accounting principles generally accepted in the Philippines. Basis for Opinion | conducted my audits in accordance with Philippine Standards on Auditing (PSAs). My responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of the report. | am independent of the entity in accordance with the Code of Ethics for Professional Accountants in the Philippines together with the ethical requirements that are relevant to my audit of the financial statements in the Philippines, and | have fufflled the other ethical responsibilities in accordance with this requirements and the Code of Ethics. | believe that the audit evidence | have obtained is sufficient and appropriate to provide a basis for my opinion. DONDE ff. S\LAZAR, TIN No, 2b7-977-848-000 BOARD GERTIFICATE NO. 0120862 BOA ACCREDITATION NO. 4630 until May 11, 2023. BIR ACCREDITATION NO, 13-00121 1-002-2020 until FEBRUARY 20, 2023 CDA ACCREDITATION NO. 0195 ( until FEBRUARY 19, 2023 ) PTR NO. 0191247 JANUARY 5, 2023, CEBU CITY ‘See Notes to Financial StatementsBUREAU OF STATEMENT OF MANAGEMENT’S RES! ANNUAL INCOME TAX RE’ The management affirms that the attached audited financial statements for the gay rath ber 31, 2022 and the accompanying Annual income Tax Return are in accordakce with the béoks dnd records Management likewise affirms that; + the Annual Income Tax Retum has been prepared in accordance with the provisions of the National Internal Revenue Code, as amended and pertinent tax regulations and other issuances of the Department of Finance and the Bureau of Internal Revenue: ‘+ any disparity of the figures in the submitted reports arising fromthe preparation of financial statements pursuant to the financial accounting standards and the preparation of the income tax return Pursuant to tax accounting rules has been reported as reconciling items and maintained in the management books and records in accordance with the requirements of Revenue Regulations No. 8- 2007 and other relevant issuances; + that JEMACE PERFUMERY SHOP has filed all applicable tax returns, reports and statements required to be filed under Philippine Tax Laws for the reporting period, and all taxes and other impositions shown thereon to be due and payable have been paid for the reporting period, except those contested in goodfaith. EGLEN R. PLAMAD Proprietor ‘See Notes to Financial StatementsJEMACE PERFUMERY SHOP LOVEGLEN R. PLAMAD. Colon Street, Senyor Santo Nifio, Coby oe STATEMENT OF COMPREHENSIVE \NCOI for the year ended December 31, (Amounts in Philippine Pesos) SALES Less: Cost of Sales/Services GROSS PROFIT Less: other Operating Expenses Operating Profit Profit Before Tax Tax Expense NET PROFIT: Operating Expenses: ‘Taxes and Licenses Transportation and Travel Allowances, Communication, Light & Water TOTAL OPERATING EXPENSES: ‘See Notes to Financial Statements Notes 2.80 5.00 2.40 212 LEN R. PLAMAD. nataior SS he REVENUE APR{O7 2023 2022 4,874,008.00 2.924.405.00 1,949,603.00 168,310.00 1,781,293.00 1,781,293.00 0.00 1,781,293.00 2022 22,480.00 28,180.00 117,650.00 168,310.00JEMACE PERFUMERY SHOP LOVEGLEN R. PLAMAD. i Colon Street, Senyor Santo Nifio, Cebu City . ee BUREAU oS INTERNAL REVENUE STATEMENT OF CHANGES IN EQUITY for the year ended December 31, 2022 (Amounts in Philippine Pesos) ABR 07 2023 Owner's Equity Net Income Total Balance at January 01, 2022 es padani roped 689,974.47 0.00 689,974.47 NET PROFIT FOR THE YEAR 0.00 1,781,299.00 4,781,293.00 Less: Owner's Drawing aes Ba aaa BALANCE AT DECEMBER 31, 2022 689,974.47 1,781,293.00 2,471,267.47 fern Li LEN R. PLAMAD ‘See Notes to Financial StatementsJEMACE PERFUMERY SHOP LOVEGLEN R. PLAMAD ib Colon Street, Senyor Santo Nifio, Cebu City £4 5° BUREAU OF 6°" INTERNAL REVENUE RECEweD golredtspn Section fe ® ‘STATEMENTS OF FINANCIAL POSITIO} for the year ended December 31, 2022 (Amounts in Philippine Pesos) NOTES AER 072023 [ a9 ASSETS Current Assets Cash and Cash Equivalents 22 2.630.000.00 Total Current Assets 2,630,000.00 Non-Current Assets Property and Equipment 24 560,000.00 Total Non-Current Assets $560,000.00 TOTAL ASSETS 3.599,000.00 LIABILITIES AND OWNER'S EQUITY NOTES Current Liabiities Income Tax Payable 25 2.245,00 Total Current Liabilities 2,245.00 Owner's Equity LOVEGLEN R. PLAMAD, Capital 2.42 4,406,462.00 NET INCOME 242 1,781,293.00 Withdrawals 0.00 TOTAL EQUITY 3.187,755.00 TOTAL LIABILITIES AND EQUITY 3.190.000.00 LEN R. PLAMAD ‘See Notes to Financial Statements